Best Stocks To Buy Based on Pattern Recognition: Returns up to 41.46% in 3 Months

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 Months (10/24/23 – 1/24/24)
I Know First Average: 19.06%
Best Stocks To Buy
Best Stocks To Buy chart

In this 3 Months forecast for the Top S&P 500 Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. LRCX was the highest-earning trade with a return of 41.46% in 3 Months. PH and IDXX also performed well for this time horizon with returns of 26.71% and 21.62%, respectively. This algorithmic forecast package presented an overall return of 19.06% versus the S&P 500’s performance of 15.45% providing a market premium of 3.61%.

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.