Bank Stocks To Buy Based on Machine Learning: Returns up to 104.44% in 1 Year

Bank Stocks To Buy

This forecast is designed for investors and analysts who need predictions of Bank Stocks (see Bank Stocks Package). It includes 20 bank stocks to buy with bullish and bearish signals and indicates the best bank stocks to trade:

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

Bank Stock Forecast
Package Name: Bank Stocks
Recommended Positions: Long
Forecast Length: 1 Year (05/02/2017 – 05/02/2018)
I Know First Average: 39.65%
Bank Stocks To Buy

For this 1 Year forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from SAN, at 104.44%. The suggested trades for TREE and BR also had notable 1 Year yields of 82.34% and 56.18%, respectively. The overall average return in this Bank Stocks package was 39.65%, providing investors with a 14.98% premium over the S&P 500’s return of 24.67% during the same period.

Banco Santander, S.A. (SAN), together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients. The company offers demand and time deposits, and current accounts; mortgages and auto finance, personal loans, and loans to buy durable goods; and debit and credit cards. It also provides cash management, trade finance, financing and custody, and bond and securitization origination services; originates and distributes corporate loans and structured financings; and offers corporate finance services for mergers and acquisitions, equities markets, and investment solutions through derivatives, as well as asset and capital structuring. In addition, the company is involved in the corporate banking, treasury, and investment banking activities; sale and distribution of fixed income and equity derivatives, interest rates, and inflation; trading and hedging of exchange rates and short-term money markets for wholesale and retail customers; and brokerage of equities, and derivatives for investment and hedging solutions. Further, it offers asset management, private banking, and payment capture and processing services, as well as mobile and online banking services. Banco Santander, S.A. (SAN) operates through 13,030 branches worldwide. The company was formerly known as Banco Santander Central Hispano S.A. and changed its name to Banco Santander, S.A. (SAN) in June 2007. Banco Santander, S.A. was founded in 1857 and is headquartered in Madrid, Spain.

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.

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