Best Basic Materials Stocks Based on Artificial Intelligence: Returns up to 135.81% 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 (03/27/2016 – 03/28/2017)
I Know First Average: 56.98%
Several predictions in this long-term 1 Year forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. VALE was the top performing prediction with a return of 135.81%. GGB and X saw outstanding returns of 120.57% and 111.99%. With these notable trade returns, the package itself registered an average return of 56.98% compared to the S&P 500’s return of 15.85% for the same period.
Vale S.A., together with its subsidiaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment produces and extracts iron ore and pellet.
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.