Best Stocks Under 50

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Best Stocks Under 50 stocks with bullish and bearish signals:

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

Package Name: Stocks Under $50
Recommended Positions: Long
Forecast Length: 3 Days (1/3/21 – 1/6/21)
I Know First Average: 3.57%

I Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this Stocks Under $50 Package for the 3 Days time period. The top performing prediction from this package was BOOT with a return of 10.38%. Additional high returns came from AA and BKU, at 9.37% and 8.51% respectively. This algorithmic forecast package presented an overall return of 3.57% versus S&P 500’s performance of -0.21% providing a market premium of 3.78%.

Boot Barn Holdings, Inc. (BOOT), a lifestyle retail company, operates specialty retail stores in the United States. The company’s specialty retail stores offer western and work-related footwear, apparel, and accessories for men, ladies, and kids. It offers boots, denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry, rugged footwear, outerwear, overalls, safety-toe boots, and flame-resistant and high-visibility clothing. As of July 26, 2016, it operated approximately 210 stores in 29 states. The company also sells its products through e-commerce Websites, including bootbarn.com and sheplers.com. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. (BOOT) in June 2014. Boot Barn Holdings, Inc. (BOOT) was founded in 1978 and is headquartered in Irvine, 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.