Buy And Hold Based on Pattern Recognition: Returns up to 4.22% in 7 Days

Buy And Hold

Buy And Hold: This Utilities Stocks forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry. It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:

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

Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 7 Days (12/6/22 – 12/13/22)
I Know First Average: 2.49%
Buy And Hold
Buy And Hold chart

The algorithm correctly predicted 10 out of 10 the suggested trades in the Utilities Stocks Package for this 7 Days forecast. EIX was the highest-earning trade with a return of 4.22% in 7 Days. AWK and AES followed with returns of 3.92% and 3.17% for the 7 Days period. With these notable trade returns, the package itself registered an average return of 2.49% compared to the S&P 500’s return of 0.52% for the same period.

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.