Best S&P 500 Stock Picks Based on Deep Learning: Returns up to 11.11% in 7 Days

Best S&P 500 Stock Picks

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stock picks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

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Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 7 Days (8/2/2020 – 8/9/2020)
I Know First Average: 3.63%
Best S&P 500 Stock Picks
Best S&P 500 Stock Picks chart

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. DXC was our best stock pick this week a return of 11.11%. Additional high returns came from TXT and GPS, at 7.56% and 5.31% respectively. The package had an overall average return of 3.63%, providing investors with a premium of 1.18% over the S&P 500’s return of 2.45% during the same period.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.