Best Stocks To Buy Based on AI: Returns up to 13.15% in 14 Days
Best Stocks To Buy
Best Stocks To Buy: This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:
- Top 10 stocks pick for the long position
- Top 10 stocks pick for the short position
Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 14 Days (9/16/24 – 9/30/24)
I Know First Average: 4.97%
The algorithm correctly predicted 7 out of 10 the suggested trades in the Stock Forecast & S&P500 Forecast Package for this 14 Days forecast. The top performing prediction from this package was SIG with a return of 13.15%. Additional high returns came from SHOP and BOOT, at 10.61% and 8.24% respectively. The package had an overall average return of 4.97%, providing investors with a premium of 2.54% over the S&P 500’s return of 2.43% 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.