Best Stocks To Buy

This Bank Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for a specific industry: Best Bank Stocks. It includes 20 stocks with bullish and bearish signals and indicates the best bank stocks to buy:

• Top 10 bank stocks for the long position
• Top 10 bank stocks for the short position

Package Name: Bank Stocks
Recommended Positions: Long
Forecast Length: 7 Day (10/21/15 – 10/28/15)
I Know First Average: 4.80%

The top 10 stocks for the long position were included in the 7-day forecast from 10/21/2015 that was part of the Bank Stocks package. For the long position Lending Tree Inc. (TREE) had the best performance during the predicted time horizon with an outstanding return of 22.52%. Another stock with an outstanding performance during the 7-day time horizon was Wisdom Tree Investment (WETF) with a return of 11.21%. The average returns for the long position was 4.80%, which out performed the S&P 500 return of 1.99% during the same time period.

LendingTree, Inc. (LendingTree), formerly Tree.com, Inc. is engaged in operating an online loan marketplace for consumers an array of loan types and other credit-based offerings. Lending Tree was one of the largest gainers on the Russell 2000. The Russell 2000 is one of the leading indices tracking small cap companies.  Lending Tree reached a new market cap of  $1.39 billion. Their Earning Reports came out with interesting information starting with Revenues of USD 69.80 million, Net Earnings of USD 7.38 million, and Earnings per Share (EPS) of USD 0.49 as well as their Gross margins widened from 92.76% to 95.38% compared to the same quarter last year, operating (EBITDA) margins now 12.50% from 9.15%.

Algorithmic traders utilise 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 algorithmic traders.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.