Consumer Staples Stocks Based on Algo Trading: Returns up to 71.46% in 1 Month

Consumer Staples Stocks

The Consumer Stocks Package is designed for investors and analysts who need predictions of the best performing consumer staples stocks for the whole 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: 1 Month (9/15/2019 – 10/15/2019)
I Know First Average: 4.09%
Consumer Staples Stocks
Consumer Staples Stocks chart

This Consumer Stocks Package forecast had correctly predicted 6 out of 10 stock movements. The highest trade return came from HOV, at 71.46%. PIR and PATK followed with returns of 9.99% and 4.73% for the 1 Month period. The package itself saw an overall return of 4.09%, providing investors with a 4.48% premium above the S&P 500’s return of -0.39% for the same time period.

Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters in 219 communities in 34 markets. It also provides financial services comprising originating mortgages from homebuyers and selling such mortgages in the secondary market, as well as offers title insurance services. The company was founded in 1959 and is headquartered in Red Bank, New Jersey.

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.