Consumer Staples Stocks Based on Algorithmic Trading: Returns up to 34.81% in 3 Months

Consumer Staples Stocks

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 consumer staples 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 (8/6/2019 – 11/6/2019)
I Know First Average: 15.0%
Consumer Staples Stocks
Consumer Staples Stocks chart

In this 3 Months forecast for the Consumer Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. WGO was the highest-earning trade with a return of 34.81% in 3 Months. BLDR and SGMS saw outstanding returns of 27.65% and 23.9%. This algorithmic forecast package presented an overall return of 15.0% versus S&P 500’s performance of 8.16% providing a market premium of 6.84%.

Winnebago Industries, Inc. (WGO) manufactures and sells recreation vehicles primarily for use in leisure travel and outdoor recreation activities. The company manufactures motor homes, which are self-propelled mobile dwellings that provide living accommodations and include kitchen, dining, sleeping, and bath areas, as well as a lounge. It also provides travel trailers and fifth wheel trailers under the Winnebago brand name; component parts for other manufacturers; motorhome shells for law enforcement command centers, mobile medical clinics, and mobile office space; and commercial vehicles as bare shells to third-party upfitters. The company sells its products primarily through independent dealers in the United States and Canada. Winnebago Industries, Inc. (WGO) was founded in 1958 and is headquartered in Forest City, Iowa.

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.