Best Stocks To Buy Based on Stock Algorithm: Returns up to 54.32% in 1 Year

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

sp500
Package Name: S&P500 Companies
Recommended Positions: Long
Forecast Length: 1 Year (12/9/2018 – 12/10/2019)
I Know First Average: 23.96%
Best Stocks To Buy
Best Stocks To Buy chart

Several predictions in this 1 Year forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. CDNS was the top performing prediction with a return of 54.32%. The suggested trades for CHTR and AVGO also had notable 1 Year yields of 46.25% and 37.85%, respectively. This algorithmic forecast package presented an overall return of 23.96% versus S&P 500’s performance of 18.97% providing a market premium of 4.99%.

Cadence Design Systems, Inc. provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide. It offers functional verification, including emulation and prototyping hardware. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

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.