Best Basic Materials Stocks Based on Stock Algorithm: Returns up to 285.21% 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 basic materials 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 (02/23/2016 – 02/23/2017)
I Know First Average: 108.20%
I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Basic Industry Stocks Package for the 1 Year time period. The greatest return came from GGB at 285.21%. VALE and SID also performed well for this time horizon with returns of 223.79% and 216.26%, respectively. The package itself saw an overall return of 108.20%, providing investors with a 86.70% premium above the S&P 500’s return of 21.50% for the same time period.
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.