Consumer Discretionary Stocks Based on Deep-Learning: Returns up to 34.38% in 14 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: 14 Days (4/19/2020 – 5/4/2020)
I Know First Average: 7.34%
Consumer Discretionary Stocks
Consumer Discretionary Stocks chart

7 out of 10 stock prices in this forecast for the Consumer Stocks Package moved as predicted by the algorithm. The greatest return came from AMC at 34.38%. LAD and GME also performed well for this time horizon with returns of 13.55% and 12.29%, respectively. The package had an overall average return of 7.34%, providing investors with a premium of 8.45% over the S&P 500’s return of -1.11% during the same period.

AMC Entertainment Holdings, Inc. (AMC), through its subsidiaries, operates as a theatrical exhibition company in the United States and internationally. It owns, operates, or has interests in theatres. As of June 30, 2016, the company owned, operated, or had interests in 386 theatres with 5,334 screens primarily in the United States. The company was founded in 1920 and is headquartered in Leawood, Kansas. AMC Entertainment Holdings, Inc. (AMC) operates as a subsidiary of Wanda America Investment Holding Co. Ltd.

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.