Best Canadian Stocks Based on Artificial Intelligence: Returns up to 12.31% in 3 Days

December 20, 2016

Best Canadian Stocks

This Canadian Stocks forecast is part of the By Country Package, as one of I Know First’s systematic trading tools. The full forecast includes daily predictions for a total of 20 of the best Canadian stocks with bullish and bearish signals:

Top 10 Canadian stocks for the long position
Top 10 Canadian stocks for the short position

Package Name: By Country – Canadian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (12/16/2016 – 12/19/2016)
I Know First Average: 2.06%

In this 3 Days forecast for the By Country – Canadian Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 stocks. The top-performing prediction in this forecast was BBD-B.TO, which registered a return of 12.31%. Other notable stocks were CPG.TO and CCO.TO with a return of 4.34% and 2.89%. The package had an overall average return of 2.06%, providing investors with a premium of 2.04% over the S&P 500’s return of 0.02% during the same period.

Bombardier Inc. (BBD-B.TO), together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation.

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.