Best S&P 500 Stock Picks

This Best S&P 500 Stock Picks 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 stocks 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

Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 7 Days (1/9/23 – 1/16/23)
I Know First Average: 6.28%

In this 7 Days forecast for the Top S&P 500 Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. GNRC was our best stock pick with a return of 12.81%. SWK and ALGN followed with returns of 9.67% and 8.6% for the 7 Days period. This algorithmic forecast package presented an overall return of 6.28% versus the S&P 500’s performance of 2.67% providing a market premium of 3.61%.

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.