Consumer Staples Stocks

This Consumer Staples Stocks Forecast is part of the Consumer 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: 1 Month (11/8/2020 – 12/9/2020)
I Know First Average: 35.02%

During the 1 Month forecasted period several picks in the Consumer Stocks Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The greatest return came from SUP at 123.93%. The suggested trades for MDP and CPS also had notable 1 Month yields of 51.19% and 39.57%, respectively. With these notable trade returns, the package itself registered an average return of 35.02% compared to the S&P 500’s return of 4.66% for 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.