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 to buy 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: 3 Days (3/10/21 – 3/13/21)
I Know First Average: 2.74%

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 stocks to buy in this package for the 3 Days time period. The top performing prediction from this package was PAG with a return of 6.6%. The suggested trades for EVR and GPS also had notable 3 Days yields of 6.57% and 6.28%, respectively. The Stock Forecast & S&P500 Forecast package had an overall average return of 2.74%, providing investors with a premium of 0.99% over the S&P 500’s return of 1.75%.

Penske Automotive Group, Inc. (PAG) operates as a transportation services company. The company operates through three segments: Retail Automotive, Retail Commercial Truck, and Other. It operates retail automotive and commercial vehicle dealerships principally in the United States and Western Europe; and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services primarily in Australia and New Zealand. The company engages in the sale of new and used motor vehicles; and related products and services, such as vehicle service and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products. The company also operates 14 dealerships locations of heavy and medium duty trucks primarily under Freightliner and Western Star brand names, as well as offers a range of used trucks, and service and parts. In addition, it is involved in the sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, and replacement and aftermarket automotive products. Further, the company distributes commercial vehicles and parts to a network of more than 70 dealership locations, including 3 company-owned retail commercial vehicle dealerships. As of December 31, 2015, it operated 355 automotive retail franchises, of which 181 franchises are located in the United States; and 174 franchises are located outside of the United States primarily in the United Kingdom. Penske Automotive Group, Inc. (PAG) is headquartered in Bloomfield Hills, Michigan.

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.