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: 3 Days (5/22/2020 – 5/25/2020)
I Know First Average: 2.54%

The algorithm correctly predicted 7 out 10 of the suggested trades in the Consumer Stocks Package for this 3 Days forecast. The highest trade return came from TLRD, at 17.54%. BGFV and LB also performed well for this time horizon with returns of 12.9% and 4.36%, respectively. The package had an overall average return of 2.54%, providing investors with a 2.30% premium over the S&P 500’s return of 0.24% during the period.

Tailored Brands, Inc. (TLRD) operates as a specialty apparel retailer in the United States, Puerto Rico, and Canada. The company operates in two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, sportswear, outerwear, dress shirts, dress pants, ties, shoes, and accessories for men in classic, modern, and slim fits in various sizes; and a selection of tuxedo rental products. It also offers women’s career apparel, sportswear, shoes, and accessories; children’s apparel; alteration services; and retail dry cleaning, laundry, and heirlooming services. As of January 30, 2016, this segment operated 1,724 stores under the Men’s Wearhouse/Men’s Wearhouse and Tux, Jos. A. Bank, Joseph Abboud, Moores, and K&G; brands; menswearhouse.com, josbank.com, and josephabboud.com Internet sites; and 35 retail dry cleaning, laundry, and heirlooming facilities. The Corporate Apparel segment provides corporate clothing uniforms and work wear to workforces under the Twin Hill, Dimensions, Alexandra, and Yaffy brands through various channels, including managed corporate accounts and catalogs, as well as through twinhill.com, dimensions.co.uk, and alexandra.co.uk Internet sites. This segment serves companies and organizations in the airline, retail grocery, retail, banking, distribution, travel and leisure, postal, security, healthcare, and public sectors. The company was formerly known as The Men’s Wearhouse, Inc. and changed its name to Tailored Brands, Inc. (TLRD) in February 2016. Tailored Brands, Inc. (TLRD) was founded in 1973 and is based in Houston, Texas.

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.