Best Basic Materials Stocks Based on AI: Returns up to 50.35% in 3 Months

Best 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: 3 Months (10/30/2016 – 01/30/2017)
I Know First Average: 24.86%
Best Basic Materials Stocks

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Basic Industry Stocks Package for the 3 Months time period. The greatest return came from FCAU at 50.35%. VALE and MDR also performed well for this time horizon with returns of 50.32% and 49.91%, respectively. The package itself saw an overall return of 24.86%, providing investors with a 17.59% premium above the S&P 500’s return of 7.27% for the same time period.

Fiat Chrysler Automobiles N.V. (FCAU), together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names; and luxury vehicles under the Maserati brand, as well as after-sales services and parts under the Mopar brand. The company also produces and sells lighting components, body control units, suspensions, shock absorbers, electronic systems, exhaust systems, powertrain components, engine control units, plastic molding components, and after-market under the Magneti Marelli brand name.

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.