Best Stocks To Buy Based on Pattern Recognition: Returns up to 139.1% in 1 Year
Best Stocks To Buy
This S&P 100 stocks forecast is designed for investors and analysts who need predictions for the best large cap performing stocks in the S&P100 Company Package (see S&P100 Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P100 Companies stocks to buy:
- Top 10 S&P100 stocks for the long position
- Top 10 S&P100 stocks for the short position
Package Name: S&P 100 Stocks
Recommended Positions: Long
Forecast Length: 1 Year (4/3/23 – 4/3/24)
I Know First Average: 30.28%
In this 1 Year forecast for the S&P 100 Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. The highest trade return came from META, at 139.1%. GOOG and GOOGL also performed well for this time horizon with returns of 50.36% and 49.35%, respectively. The package itself saw an overall return of 30.28%, providing investors with a 3.46% premium above the S&P 500’s return of 26.82% for the same time 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.