Consumer Staples Stocks

The Consumer Staples Stocks forecast is a part of the Consumer Staples Stocks Package which 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 Months (12/24/20 – 3/24/21)
I Know First Average: 61.99%

This Consumer Stocks Package forecast had correctly predicted 7 out of 10 stock movements for the 3 months period. The highest trade return came from GME, at 485.03%. TWI and PLCE saw outstanding returns of 79.8% and 37.19%. The package itself saw an overall return of 61.99%, providing investors with a 56.59% premium above the S&P 500’s return of 5.4% for the same time period.

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.