Bargain Stocks Based on Data Mining: Returns up to 14.68% in 14 Days

Bargain Stocks

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Stocks Under 50 Dollars
Recommended Positions: Long
Forecast Length: 14 Days (05/31/2017 – 06/14/2017)
I Know First Average: 4.06%
Bargain Stocks

In this 14 Days forecast for the Stocks Under 50 Dollars Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 stocks. The top-performing prediction in this forecast was HSC, which registered a return of 14.68%. Other notable stocks were INFN and MOD with a return of 13.56% and 11.30%. The package had an overall average return of 4.06%, providing investors with a premium of 3.02% over the S&P 500’s return of 1.04% during the same period.

Harsco Corporation (HSC) provides industrial services and engineered products worldwide. The company operates through three segments: Harsco Metals and Minerals, Harsco Rail, and Harsco Industrial. The Harsco Metals and Minerals segment provides on-site outsourced services of material logistics, product quality improvement, and resource recovery for iron, steel metals, and asphalt roofing manufacturing; and value added environmental solutions for industrial co-products, as well as manufactures industrial abrasives and roofing granules. The Harsco Industrial segment manufactures and supplies custom-engineered and manufactured air-cooled heat exchangers for the natural gas, natural gas processing, and petrochemical industries; industrial grating products, which include a range of metal bar grating configurations for industrial flooring, and safety and security applications in the energy, paper, chemical, refining, and processing industries, as well as offers GrateGuard, a fencing solution for first-line physical security; and heat transfer products, such as boilers and water heaters for commercial and institutional applications. The Harsco Rail segment designs and manufactures safety systems for transportation and industrial applications; and equipment, after-market parts, and services for the maintenance, repair, and construction of railway track. This segment serves private and government-owned railroads, and urban mass transit systems. Harsco Corporation (HSC) was founded in 1853 and is headquartered in Camp Hill, Pennsylvania.

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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