Best Consumer Staples Stocks Based on Big Data Analytics : Returns up to 16.28% in 3 Days

Best Consumer Staples Stocks

The Consumer Stocks Package is designed for investors and analysts who need predictions of the best performing stocks for the whole Consumer Industry. It includes 20 consumer staples stocks with bullish and bearish signals.

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

Package Name: Consumer Stocks
Recommended Positions: Long
Forecast Length: 3 Days (06/07/2019 – 06/11/2019)
I Know First Average: 4.05%
Best Consumer Staples Stocks

9 out of 10 stock prices in this forecast for the Consumer Stocks Package moved as predicted by the algorithm. BKS was our best stock pick this week a return of 16.28%. SAH and TSLA followed with returns of 8.29% and 5.41% for the 3 Days period. The package saw an overall yield of 4.05% versus the S&P 500’s return of 1.49% implying a market premium of 2.56%.

Barnes & Noble, Inc. (BKS) operates as a content and commerce company in the United States. It sells trade books, including hardcover and paperback consumer titles; mass market paperbacks, such as mystery, romance, science fiction, and other fiction; and new, used, and digital textbooks, as well as children’s books, eBooks and other digital content, NOOK and related accessories, bargain books, magazines, gifts, café products and services, educational toys and games, and music and movies. The company also offers textbook rental services. As of June 23, 2016, it operated through 640 Barnes & Noble bookstores in 50 states, as well as BN.com, nook.com, and barnesandnoble.com Websites. The company was founded in 1986 and is based in New York, New York.

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.