Best Brazilian Stocks To Buy

This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of market data and is part of the By Country Package. The full forecast includes daily predictions for a total of 20 best Brazilian stocks to buy with bullish and bearish signals:

• • Top 10 Bovespa stocks for the long position
  • Top 10 Bovespa stocks for the short position

Package Name: Bovespa
Recommended Positions: Long
Forecast Length: 1 Month (04/16/2019 – 05/15/2019)
I Know First Average: 5.95%

6 out of 10 stock prices in this forecast for the Bovespa Package moved as predicted by the algorithm. JBSS3.SA was our best stock pick this week a return of 24.79%. BRFS3.SA and QUAL3.SA followed with returns of 23.02% and 21.13% for the 1 Month period. The package had an overall average return of 5.95%, providing investors with a 7.52% premium over the Bovespa’s return of -1.57% during the period.

JBS S.A., a food company, engages in the processing and trading of animal protein in Brazil and internationally. It offers beef, pork, chicken, and lamb by-products; convenience food products; pet food and concentrates; and bresaola.

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

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.