Best Stocks To Buy Based on Algorithmic Trading: Returns up to 30.56% in 3 Months

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 and indicate the best stocks to buy:

  • 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: 3 Months (10/22/2019 – 1/22/2020)
I Know First Average: 12.25%
Best Stocks To Buy
Best Stocks To Buy chart

For this 3 Months forecast the algorithm had successfully predicted 7 out of 10 movements. The top-performing prediction in this forecast was LRCX, which registered a return of 30.56%. Additional high returns came from NVDA and XPO, at 27.57% and 20.94% respectively. The overall average return in this Stock Forecast & S&P500 Forecast package was 12.25%, providing investors with a 1.77% premium over the S&P 500’s return of 10.48% during the same period.

Lam Research Corporation, incorporated on October 8, 1989, is a supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes and services semiconductor processing systems that are used in the fabrication of integrated circuits (ICs). The Company operates through manufacturing and servicing of wafer processing semiconductor manufacturing equipment segment. The Company’s products are designed to enable its customers build a range of devices that are used in a range of electronic products, including cell phones, tablets, computers, storage devices and networking equipment. The Company’s customer base includes semiconductor memory, foundry and integrated device manufacturers (IDMs) that make products, such as dynamic random-access memory (DRAM), negative-AND (NAND) memory and logic devices. The Company offers a portfolio of products that are used in several areas of the semiconductor manufacturing process flow, including thin film deposition, plasma etch and single-wafer clean. The Company also offers a range of services, including customer service, spares, upgrades, and refurbishment of its deposition, etch and clean products. The Company also provides refurbished legacy products.

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.