Basic Materials Stocks Based on Machine Learning: Returns up to 316.59% in 1 Year

Basic Materials Stocks

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 Stocks 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

Stock Market Prediction Algorithm
Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 1 Year (02/19/2016 – 02/19/2017)
I Know First Average: 123.94%
Basic Materials Stocks

During the 1 Year forecasted period several picks in the Basic Industry Stocks Package saw significant returns. The algorithm had correctly predicted 10 out 10 stocks. The prediction with the highest return was GGB, at 316.59%. Further notable returns came from VALE and SID at 283.19% and 265.14%, respectively. The Basic Industry Stocks package had an overall average return of 123.94%, providing investors with a premium of 101.35% over the S&P 500’s return of 22.59%.

Gerdau SA ADR (GGB) produces and commercializes steel products worldwide. The company operates through Brazil Business Operation, North America Business Operation, South America Business Operation, and Special Steel Business Operation segments.

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.