Basic Materials Stocks Based on Machine Learning: Returns up to 376.54% 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 (01/28/2016 – 01/28/2017)
I Know First Average: 94.23%
Basic Materials Stocks

10 out of 10 stock prices in this forecast for the Basic Industry Stocks Package moved as predicted by the algorithm. SID was our best stock pick this week a return of 376.54%. VALE and DD followed with returns of 364.68% and 54.54% for the 1 Year period. The package saw an overall yield of 94.23% versus the S&P 500’s return of 21.87% implying a market premium of 72.36%.

Companhia Siderúrgica Nacional ADR  (SID), operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries.

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.