Best Stocks To Buy Based on Pattern Recognition: Returns up to 26.8% in 7 Days

Best Stocks To Buy

This Best Stocks To Buy forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 7 Days (7/24/23 – 7/31/23)
I Know First Average: 5.6%
Best Stocks To Buy
Best Stocks To Buy chart

For this 7 Days forecast the algorithm has successfully predicted 7 out of 10 movements. The greatest return came from UPST at 26.8%. The suggested trades for PKX and W also had notable 7 Days yields of 18.73% and 9.64%, respectively. The package’s overall average return was 5.6%, providing investors with a 4.44% premium over the S&P 500’s return of 1.16% during 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.