Best Stocks To Buy Based on Machine Learning: Returns up to 30.48% in 1 Month

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: 1 Month (1/19/24 – 2/20/24)
I Know First Average: 11.13%
Best Stocks To Buy
Best Stocks To Buy chart

For this 1 Month forecast the algorithm has successfully predicted 8 out of 10 movements. The top-performing prediction in this forecast was TPR, which registered a return of 30.48%. Additional high returns came from AMAT and CRL, at 17.96% and 15.93% respectively. With these notable trade returns, the package itself registered an average return of 11.13% compared to the S&P 500’s return of 4.07% for the same period.

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.