Consumer Discretionary Stocks Based on Machine Learning: Returns up to 112.32% in 3 Months

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 Months (4/26/2020 – 7/27/2020)
I Know First Average: 57.47%
Consumer Discretionary Stocks
Consumer Discretionary Stocks chart

10 out of 10 stock prices in this forecast for the Consumer Stocks Package moved as predicted by the algorithm. The top-performing prediction in this forecast was TSLA, which registered a return of 112.32%. MBUU and PATK followed with returns of 108.0% and 102.49% for the 3 Months period. The Consumer Stocks package had an overall average return of 57.47%, providing investors with a premium of 43.28% over the S&P 500’s return of 14.19%.

Tesla, Inc., formerly Tesla Motors, Inc., incorporated on July 1, 2003, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, and sales of electric vehicles. The energy generation and storage segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by its solar energy systems to customers.

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.