Buy and Hold Based on Predictive Algorithm: Return up to 37.85% in 14 Days

Buy and Hold

This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks pick to long
  • top ten stocks pick to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 14 Days (01/21/16 – 02/04/16)
I Know First Average: 8.73%

buy and hold

The I Know First’s 14-day forecast from the 21st of January had several high earning stocks. ABX was the top performer with an outstanding return of 37.85% in just 14 days. Following ABX were COG and UA with returns of 21.99% and 19.60%. This package had an overall average return of 8.73% for this time period, compared to the S&P 500’s return of 3.02% for the same 14 days.

Barrick Gold Corporation (ABX) is a producer and retailer of gold and copper. The company also works in exploration and mining activities in various countries. The company’s share prices have seen impressive growth over the last month as gold prices have been boosted by a weakened dollar.

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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.