Consumer Staples Stocks Based on AI: Returns up to 24.21% in 3 Days

Consumer Staples Stocks

The Consumer Staples 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 (11/13/2020 – 11/16/2020)
I Know First Average: 12.39%
Consumer Staples Stocks
Consumer Staples Stocks chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. The prediction with the highest return was SUP, at 24.21%. FOSL and MDP also performed well for this time horizon with returns of 21.0% and 17.42%, respectively. The package’s overall average return was 12.39%, providing investors with a 9.85% premium over the S&P 500’s return of 2.54% during the same period.

Superior Industries International, Inc. (SUP) designs, manufactures, and sells aluminum wheels to the original equipment manufacturers in North America. It supplies cast aluminum wheels to the automobile and light truck manufacturers. The company was founded in 1957 and is headquartered in Southfield, Michigan.

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.