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: 7 Days (6/1/22 – 6/8/22)
I Know First Average: 4.06%

The algorithm correctly predicted 8 out of 10 the suggested trades in the Consumer Stocks Package for this 7 Days forecast. The greatest return came from JMIA at 11.69%. The suggested trades for FTCH and CPS also had notable 7 Days yields of 10.48% and 9.07%, respectively. The package’s overall average return was 4.06%, providing investors with a 4.46% premium over the S&P 500’s return of -0.4% during the same 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.