Consumer Stocks Based on Algo Trading: Returns up to 39.45% in 1 Year

Consumer Stocks

The Consumer 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: 1 Year (8/8/2018 – 8/8/2019)
I Know First Average: 6.02%
Consumer Stocks
Consumer Stocks chart

In this 1 Year forecast for the Consumer Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The top performing prediction from this package was AAN with a return of 39.45%. Other notable stocks were NXST and FOXF with a return of 28.67% and 17.11%. The package saw an overall yield of 6.02% versus the S&P 500’s return of 2.79% implying a market premium of 3.23%.

Aaron’s, Inc. operates as a specialty retailer of furniture, consumer electronics, computers, appliances, and household accessories in the United States and Canada. It operates through six segments: Sales and Lease Ownership, Progressive, HomeSmart, DAMI, Franchise, and Manufacturing. The company engages in the lease ownership and retail sale of various products, such as televisions, computers, tablets, mobile phones, living room, dining room and bedroom furniture, mattresses, washers, dryers, and refrigerators. It offers products of various brands, such as Samsung, Frigidaire, Hewlett-Packard, LG, Whirlpool, Simmons, Philips, JVC, Sharp, and Magnavox. As of October 28, 2016, the company operated approximately 1,930 company-operated and franchised stores in 47 states and Canada; and provided lease-purchase solutions through approximately 19,000 retail locations in 46 states, as well as various second-look financing programs. Aaron’s, Inc. was founded in 1955 and is based in Atlanta, Georgia.

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.