Best Basic Materials Stocks To Buy Based on Artificial Intelligence: Returns up to 13.40% in 7 Days

Best Basic Materials Stocks To Buy

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: 7 Days (12/19/2017 – 12/26/2017)
I Know First Average: 3.94%
Best Basic Materials Stocks To Buy

During the 7 Days forecasted period several picks in the Basic Industry Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The prediction with the highest return was MUX, at 13.40%. Further notable returns came from X and HL at 5.74% and 5.37%, respectively. The Basic Industry Stocks package had an overall average return of 3.94%, providing investors with a premium of 4.30% over the S&P 500’s return of -0.36%.

McEwen Mining Inc. (MUX) explores for, develops, produces, and sells precious and base metals in Argentina, Mexico, and the United States. It primarily explores for gold, silver, and copper. The company’s principal assets consist of a 49% interest in the San José Mine in Santa Cruz, Argentina; the El Gallo 1 mine and El Gallo 2 project in Sinaloa, Mexico; the Gold Bar project in Nevada, the United States; and the Los Azules copper project in San Juan, Argentina. It covers an area of approximately 730 square miles and comprises 146 mining concessions consisting of 71 approved mining claims; 54 claims that are in the application process for mining claim status; and 21 claims, principally that are for exploration only. The company was formerly known as US Gold Corporation and changed its name to McEwen Mining Inc. (MUX) in January 2012. McEwen Mining Inc. (MUX) was founded in 1979 and is headquartered in Toronto, Canada.

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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