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 (7/30/21 – 8/30/21)
I Know First Average: 6.84%

During the 1 Month forecasted period several picks in the Consumer Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. CSV was our best stock pick this week a return of 22.36%. Additional high returns came from HMHC and TUP, at 18.86% and 13.39% respectively. With these notable trade returns, the package itself registered an average return of 6.84% compared to the S&P 500’s return of 2.48% for the same period.

Carriage Services, Inc. (CSV) provides death care services and merchandise in the United States. It operates through two segments, Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment offers burial and cremation services, as well as related merchandise to meet a family’s death care needs, including consultation; the removal and preparation of remains; the sale of caskets, urns, and related funeral merchandise; the use of funeral home facilities for visitation and services; and transportation services. The Cemetery Operations segment provides products and services, such as interment services; the rights to interment in cemetery sites comprising grave sites, mausoleum crypts, and niches; and related cemetery merchandise, including memorials and vaults. As of February 9, 2016, the company operated 167 funeral homes in 27 states; and 32 cemeteries in 11 states. Carriage Services, Inc. (CSV) was founded in 1991 and is headquartered in Houston, Texas.

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.