Consumer Discretionary Stocks Based on Algo Trading: Returns up to 14.95% in 7 Days

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: 7 Days (8/4/21 – 8/11/21)
I Know First Average: 4.81%
Consumer Discretionary Stocks
Consumer Discretionary Stocks chart

For this 7 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The top performing prediction from this package was LL with a return of 14.95%. TUP and TWI also performed well for this time horizon with returns of 14.6% and 12.52%, respectively. This algorithmic forecast package presented an overall return of 4.81% versus S&P 500’s performance of 0.56% providing a market premium of 4.25%.

Lumber Liquidators Holdings, Inc (LL)., together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. It primarily offers hardwood species, engineered hardwood, laminates, and resilient vinyl flooring; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools. The company also provides in-home delivery and installation services. The company offers its products primarily under the Bellawood brand and Lumber Liquidators name. It primarily serves homeowners, or to contractors on behalf of homeowners. As of December 31, 2015, it operated 366 stores in the United States and 8 stores in Canada. The company also offers its products through its Website and catalogs. Lumber Liquidators Holdings, Inc (LL). was founded in 1994 and is headquartered in Toano, Virginia.

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.