Algotrader

This Automotive Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks in the automotive industry. It includes 20 stocks with bullish and bearish signals and indicates the best auto stocks to buy:

• 10 Automotive stocks for the long position
• 10 Automotive stocks for the short position

Package Name: Automotive Stocks
Forecast Length: 1 Month (08/21/16 – 09/21/16)
I Know First Average: 8.75%

7 out of 10 top stocks in the long position in this forecast increased as predicted by the algorithm. Navistar International Corporation (NAV) was our top stock pick this week a return of 57.32%.  Goodyear Tire & Rubber Co. (GT) and Modine Manufacturing Co. (MOD) followed with their returns of 9.84% and 8.94% for the 1 month period. The package saw overall growth of 8.75% versus the S&P 500’s return of -0.95%.  The market premium calculates to 9.7%.

Navistar International Corporation (NAV) is a US company that manufactures commercial trucks, buses, defense vehicles, and engines. Navistar consists of four operating segments: Truck, Parts, Financial Services, and Global Operations.  The company is headquartered in Lisle, Illinois.

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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.