Best Stocks To Buy Based on a Self-learning Algorithm: Returns up to 32.38% in 3 Months
Best Stocks To Buy
This S&P 100 stocks forecast is designed for investors and analysts who need predictions for the best large cap performing stocks in the S&P100 Company Package (see S&P100 Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P100 Companies stocks to buy:
- Top 10 S&P100 stocks for the long position
- Top 10 S&P100 stocks for the short position
Package Name: S&P 100 Stocks
Recommended Positions: Long
Forecast Length: 3 Months (6/17/24 – 9/17/24)
I Know First Average: 4.69%
The algorithm correctly predicted 7 out of 10 the suggested trades in the S&P 100 Stocks Package for this 3 Months forecast. The top performing prediction from this package was MMM with a return of 32.38%. The suggested trades for GE and GS also had notable 3 Months yields of 15.68% and 8.72%, respectively. The package’s overall average return was 4.69%, providing investors with a 0.95% premium over the S&P 500’s return of 3.74% 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.