Consumer Stocks Based on Machine Learning: Returns up to 9.52% in 3 Days
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: 3 Days (7/18/21 – 7/21/21)
I Know First Average: 4.48%
10 out of 10 stock prices in this forecast for the Consumer Stocks Package moved as predicted by the algorithm. The greatest return came from HMHC at 9.52%. The suggested trades for LAZY and ETM also had notable 3 Days yields of 7.79% and 7.0%, respectively. The package saw an overall yield of 4.48% versus the S&P 500’s return of 0.73% implying a market premium of 3.75%.
Houghton Mifflin Harcourt Company (HMH), incorporated on December 23, 2009, is a global learning company, specializing in education solutions across a range of media. The Company operates through two segments: Education and Trade Publishing.
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.