Consumer Staples Stocks Based on Data Mining: Returns up to 753.23% in 1 Year

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 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 Year (1/5/20 – 1/6/21)
I Know First Average: 105.1%
Consumer Staples Stocks
Consumer Staples Stocks chart

During the 1 Year forecasted period several picks in the Consumer Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The top-performing prediction in this forecast was TSLA, which registered a return of 753.23%. TREX, and BLDR had notable returns of 94.45% and 62.33%. The Consumer Stocks package had an overall average return of 105.1%, providing investors with a premium of 89.23% over the S&P 500’s return of 15.87%.

Tesla, Inc., formerly Tesla Motors, Inc., incorporated on July 1, 2003, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, and sales of electric vehicles. The energy generation and storage segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by its solar energy systems to customers.

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.