Best Stocks Under 5 Based on Stock Algorithm: Returns up to 17.7% in 3 Days

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 10 Best Stocks Under 5 stocks with bullish and bearish signals:

  • Top 5 stocks for the long position
  • Top 5 stocks for the short position

under 5
Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 3 Days (3/20/2020 – 3/24/2020)
I Know First Average: 5.19%
Best Stocks Under 5
Best Stocks Under 5 chart

During the 3 Days forecasted period several picks in the Stocks Under $5 Package saw significant returns. The algorithm had correctly predicted 4 out 5 returns. The top performing prediction from this package was CDE with a return of 17.7%. Further notable returns came from PSTI and DHX at 5.18% and 4.0%, respectively. The package had an overall average return of 5.19%, providing investors with a premium of 3.62% over the S&P 500’s return of 1.57% during the same period.

Coeur Mining, Inc. (CDE) owns, operates, explores for, and develops silver and gold properties. The company holds interests in the Palmarejo silver-gold mine located in Mexico; Rochester silver and gold mine in northwestern Nevada; Kensington gold mine located to the north of Juneau, Alaska; and Wharf gold mine in South Dakota. It also owns the San Bartolomé silver mine in Bolivia; Endeavor zinc, lead, and silver mine located in Australia; La Preciosa silver-gold exploration project in the State of Durango, Mexico; and Joaquin silver-gold exploration project located in the Santa Cruz province of southern Argentina. In addition, the company holds royalty interests in the Cerro Bayo mine in Chile; El Gallo complex in Mexico; Zaruma mine in Ecuador; and Correnso gold mine in New Zealand, as well as other precious metal properties. Coeur Mining, Inc. (CDE) markets its silver and gold concentrates to third-party refiners and smelters in the United States, China, and Japan. The company was formerly known as Coeur d’Alene Mines Corporation and changed its name to Coeur Mining, Inc. (CDE) in May 2013. Coeur Mining, Inc. was founded in 1928 and is based in Chicago, Illinois.

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 5 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.