Best Stocks To Buy Based on Big Data Analytics: Returns up to 73.87% in 3 Months

Best Stocks To Buy

This top S&P 500 stocks 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

sp500
Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 3 Months (4/8/2020 – 7/8/2020)
I Know First Average: 32.53%
Best Stocks To Buy
Best Stocks To Buy chart

Several predictions in this 3 Months forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. ABMD was our best stock pick this week a return of 73.87%. NVDA and AMZN also performed well for this time horizon with returns of 57.76% and 53.17%, respectively. This algorithmic forecast package presented an overall return of 32.53% versus S&P 500’s performance of 19.2% providing a market premium of 13.33%.

ABIOMED, Inc. engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart. It also provides continuum of care to heart failure patients.

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.