Best Stocks Under 50 Based on Data Mining: Returns up to 18.48% in 3 Days

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 (5/29/2020 – 6/2/2020)
I Know First Average: 3.99%
Best Stocks Under 50
Best Stocks Under 50 chart

During the 3 Days forecasted period several picks in the Stocks Under $50 Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The top performing prediction from this package was CAR with a return of 18.48%. ARNC and AL saw outstanding returns of 16.17% and 5.0%. The package had an overall average return of 3.99%, providing investors with a 2.30% premium over the S&P 500’s return of 1.69% during the period.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.

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.