Best Stocks To Buy Based on Machine Learning: Returns up to 13.27% in 1 Month
Best Stocks To Buy
This forecast is part of the Top 20 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 40 stocks with bullish and bearish signals and indicates the best stocks to buy:
- Top 20 stocks pick for the long position
- Top 20 stocks pick for the short position
Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 1 Month (9/22/2019 – 10/22/2019)
I Know First Average: 2.01%
This Stock Forecast & S&P500 Forecast Package forecast had correctly predicted 14 out of 20 stock movements. The top performing prediction from this package was NVDA with a return of 13.27%. Other notable stocks were THO and STT with a return of 11.67% and 9.88%. With these notable trade returns, the package itself registered an average return of 2.01% compared to the S&P 500’s return of 0.13% for the same period.
NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications
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 20 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.