Bank Stock Picks

This Basic Industry forecast is designed for investors and analysts who need daily stock market predictions of the best-performing stocks for the whole Basic Industry (see Basic Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

• Top 10 Basic Industry stocks for the long position
• Top 10 Basic Industry stocks for the short position

Package Name: Bank Stock Forecast
Recommended Positions: Long
Forecast Length: 1 Year (10/18/2015 – 10/18/2016)
I Know First Average: 24.41%

The algorithm correctly predicted 8 out 10 of the best Basic Industry stocks to buy for this 1 Year forecast. MBTF was the highest-earning trade with a return of 55.79% in 1 Year. Additional high returns came from QCRH and FBP, at 45.60% and 37.27% respectively. The package had an overall average return of 24.41%, providing investors with a 19.17% premium over the S&P 500’s return of 5.24% during the period.

Mechel Sp ADR (MBTF) operates as a holding company for the Monroe Bank & Trust that provides retail and commercial banking to clients mainly in southern Michigan. It as well provides trust services to small and middle-size businesses and middle-income households.

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

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