Best Stocks To Buy Based on Big Data Analytics: Returns up to 94.27% in 1 Year
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
Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 1 Year (3/14/21 – 3/15/22)
I Know First Average: 17.52%
The algorithm correctly predicted 7 out of 10 the suggested trades in the Top S&P 500 Stocks Package for this 1 Year forecast. The top performing prediction from this package was NUE with a return of 94.27%. Additional high returns came from NVDA and CMA, at 78.7% and 29.11% respectively. The package saw an overall yield of 17.52% versus the S&P 500’s return of 8.09% implying a market premium of 9.43%.
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.