Best Basic Materials Stocks Based on Algo Trading: Returns up to 126.02% in 1 Year
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
Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 1 Year (06/10/2016 – 06/10/2017)
I Know First Average: 62.37%
In this 1 Year forecast for the Basic Industry Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 stocks. The top-performing prediction in this forecast was NAV, which registered a return of 126.02%. Other notable stocks were NVMI and VALE with a return of 118.12% and 86.62%. The package had an overall average return of 62.37%, providing investors with a premium of 47.42% over the S&P 500’s return of 14.95% during the same period.
Navistar International Corporation (NAV) is a US company that manufactures commercial trucks, buses, defense vehicles, and engines. Navistar consists of four operating segments: Truck, Parts, Financial Services, and Global Operations. The company is headquartered in Lisle, Illinois.
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.