Best Stocks Under 5

This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily predictions for a total of 20 Best Stocks Under 5 with bullish and bearish signals:

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

Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 1 Month (12/8/23 – 1/8/24)
I Know First Average: 18.36%

Several predictions in this 1 Month forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was BNED with a return of 57.48%. KOPN and BITF also performed well for this time horizon with returns of 48.1% and 38.78%, respectively. This algorithmic forecast package presented an overall return of 18.36% versus the S&P 500’s performance of 3.88% providing a market premium of 14.48%.

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.