Consumer Staples Stocks Based on Data Mining: Returns up to 17.86% in 14 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: 14 Days (3/30/21 – 4/13/21)
I Know First Average: 6.96%
Consumer Staples Stocks
Consumer Staples Stocks chart

In this 14 Days forecast for the Consumer Stocks Package, there were many high-performing trades, and the algorithm correctly predicted 7 out of 10 trades. The top-performing prediction from this package was FNKO with a return of 17.86%. Other notable stocks were IBP and MOV with a return of 13.57% and 13.0%. This algorithmic forecast package presented an overall return of 6.96% versus the S&P 500’s performance of 4.29% providing a market premium of 2.67%.

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.