Consumer Discretionary Stocks Based on Algorithmic Trading: Returns up to 104.69% in 1 Month

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: 1 Month (1/15/21 – 2/16/21)
I Know First Average: 16.88%
Consumer Discretionary Stocks
Consumer Discretionary Stocks chart

In this 1 Month forecast for the Consumer Stocks Package, there were many high-performing trades and the algorithm correctly predicted 8 out 10 trades. The greatest return came from EXPR at 104.69%. Further notable returns came from GME and SUP at 24.05% and 19.22%, respectively. The package had an overall average return of 16.88%, providing investors with a premium of 13.27% over the S&P 500’s return of 3.61% during the same period.

Express, Inc. (EXPR) operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, including work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; mobile app; and franchisees Express locations in Latin America, the Middle East, and South Africa. As of January 30, 2016, it operated 653 stores in the United States, Canada, and Puerto Rico. The company was formerly known as Express Parent LLC and changed its name to Express, Inc. (EXPR) in May 2010. Express, Inc. (EXPR) was founded in 1980 and is based in Columbus, Ohio.

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.