Best Stocks To Buy Based on Pattern Recognition: Returns up to 3.31% in 3 Days

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

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Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 3 Days (6/26/2020 – 6/29/2020)
I Know First Average: 0.31%
Best Stocks To Buy
Best Stocks To Buy chart

During the 3 Days forecasted period several picks in the Top S&P 500 Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The top performing prediction from this package was AES with a return of 3.31%. DRI, and MHK had notable returns of 2.73% and 1.46%. The package itself saw an overall return of 0.31%, providing investors with a 1.30% premium above the S&P 500’s return of -0.99% for the same time period.

The AES Corporation (AES) operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels to generate electricity, including natural gas, coal, hydro, wind, energy storage, oil, diesel, petroleum coke, biomass, landfill gas, and solar. The company owns and/or operates a generation portfolio of approximately 29,352 megawatts. It has operations in the United States, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation (AES) in April 2000. The AES Corporation (AES) was founded in 1981 and is headquartered in Arlington, Virginia.

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.