Chemical Stocks

This Chemicals Stocks forecast is designed for investors and analysts who need predictions of the best chemical stocks to buy for the whole Chemistry Industry (see Chemicals Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best chemical stocks to buy:

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

Package Name: Chemicals Stocks
Recommended Positions: Long
Forecast Length: 1 Year (7/28/20 – 7/28/21)
I Know First Average: 58.27%

This Chemicals Stocks Package forecast had correctly predicted 10 out of 10 stock movements. The greatest return came from REGI at 123.04%. MOS and CC also performed well for this time horizon with returns of 117.79% and 77.28%, respectively. The overall average return in this Chemicals Stocks package was 58.27%, providing investors with a 22.42% premium over the S&P 500’s return of 35.85% during the same period.

Renewable Energy Group, Inc., incorporated on April 29, 2009, is focused on providing cleaner, lower carbon intensity products and services. The Company is a producer of biomass-based diesel in North America. Its segments include Biomass-based diesel, Services, Renewable Chemicals and Corporate and other activities. It is involved in various activities related to biomass-based diesel production, from acquiring feedstock, managing construction and operating biomass-based diesel production facilities to marketing, selling and distributing biomass-based diesel and its co-products. As of December 31, 2016, it owned and operated a network of 14 biorefineries. As of December 31, 2016, 12 biorefineries were located in the United States and two in Germany, and 13 of which produce biodiesel or renewable hydrocarbon diesel and had an aggregate nameplate production capacity of 502 million gallons per year (mmgy). As of December 31, 2016, it also operated one microbial fermentation facility in connection with its development of renewable chemicals and one feedstock processing facility. It produces its biomass-based diesel from a range of feedstocks, including inedible corn oil, used cooking oil and inedible animal fat. It also produces biomass-based diesel from virgin vegetable oils.

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.