Consumer Discretionary Stocks Based on a Self-learning Algorithm: Returns up to 83.73% in 3 Months

Consumer Discretionary Stocks

The Consumer Discretionary Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Consumer Industry. It includes 20 stocks with bullish and bearish signals.

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

Package Name: Consumer Stocks
Recommended Positions: Long
Forecast Length: 3 Months (2/5/21 – 5/5/21)
I Know First Average: 25.3%
Consumer Discretionary Stocks
Consumer Discretionary Stocks chart

For this 3 Months forecast the algorithm had successfully predicted 8 out of 10 movements. GDEN was our best stock pick with a return of 83.73%. Further notable returns came from BSET and RICK at 56.75% and 42.82%, respectively. The package saw an overall yield of 25.3% versus the S&P 500’s return of 7.64% implying a market premium of 17.66%.

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.