Consumer Discretionary Stocks Based on Predictive Analytics: Returns up to 11.93% in 3 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: 3 Days (9/25/2020 – 9/28/2020)
I Know First Average: 5.09%
Consumer Discretionary Stocks
Consumer Discretionary Stocks chart

During the 3 Days forecasted period several picks in the Consumer Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The top performing prediction from this package was SGMS with a return of 11.93%. Further notable returns came from GME and BZH at 10.39% and 8.17%, respectively. The overall average return in this Consumer Stocks package was 5.09%, providing investors with a 1.86% premium over the S&P 500’s return of 3.23% during the same period.

Scientific Games Corporation develops technology-based products and services, and associated content for the gaming, lottery, and interactive gaming industries worldwide. Its Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals (VLTs), conversion game kits, and spare parts; and slot, casino, and table-management systems, as well as leases VLTs and electronic table games.

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.