Best Canadian Stocks Based on Machine Learning: Returns up to 23.19% in 1 Month

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 top 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: 1 Month (03/29/2018 – 04/29/2018)
I Know First Average: 10.29%
Best Canadian Stocks

10 out of 10 stock prices in this forecast for the By Country – Canadian Stocks Package moved as predicted by the algorithm. EFN.TO was our best stock pick this week a return of 23.19%. PEY.TO and TOU.TO followed with returns of 17.35% and 14.78% for the 1 Month period. The package saw an overall yield of 10.29% versus the S&P 500’s return of 2.49% implying a market premium of 7.80%.

Element Fleet Management Corp. is a Canada-based fleet management company that provides services and financing for commercial vehicle fleets. The Company’s offerings span the total fleet lifecycle, from acquisition and financing, to program management and remarketing. The Company provides both essential and fully outsourced fleet management, with services for cars and light duty vehicles, medium and heavy duty trucks and material handling equipment. Element operates across the United States, Canada, Mexico, Australia and New Zealand, and worldwide through its Element-Arval Global Alliance.

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