Dividend Stocks

This forecast is part of the Dividends Package, as one of I Know First’s quantitative investment solutions. We determine the best stocks carrying a dividend by screening our database daily using our advanced algorithm. The full Dividends Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

• Top 10 Dividend stocks for the long position
• Top 10 Dividend stocks for the short position

Package Name: Dividend Stocks Forecast
Recommended Positions: Long
Forecast Length: 3 Days (10/2/2020 – 10/5/2020)
I Know First Average: 4.58%

During the 3 Days forecasted period several picks in the Dividend Stocks Forecast Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The top performing prediction from this package was SNV with a return of 9.97%. Further notable returns came from GPS and IVZ at 7.61% and 5.51%, respectively. The Dividend Stocks Forecast package had an overall average return of 4.58%, providing investors with a premium of 3.76% over the S&P 500’s return of 0.82%.

Synovus Financial Corp. (SNV) operates as the bank holding company for Synovus Bank that provides various financial products and services. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. The company’s commercial banking services comprise cash management, asset management, capital markets services, and institutional trust services, as well as commercial, financial, and real estate loans. Its retail banking services consist of accepting various types of demand and savings deposits; mortgage, installment, and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet based banking services; and bank credit card services, including MasterCard and Visa services. The company also offers various other financial services, including portfolio management for fixed-income securities, investment banking, execution of securities transactions as a broker/dealer, asset management and financial planning services, and provision of individual investment advice on equity and other securities, as well as trust services. As of February 29, 2016, it provided its services through 28 divisions, 257 branches, and 336 automated teller machines in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Financial Corporation was founded in 1888 and is headquartered in Columbus, 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.