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 Days (7/15/22 – 7/19/22)
I Know First Average: 7.51%

There were many high performing trades and the algorithm correctly predicted 10 out of 10 trades. The top-performing prediction in this forecast was NTZ, which registered a return of 19.51%. SIG and LAZY had notable returns of 12.67% and 11.24%. The Consumer Stocks package had an overall average return of 7.51%, providing investors with a premium of 3.65% over the S&P 500’s return of 3.86%.

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.