Best Dividend Paying Stocks

This forecast is part of the “Best Dividend Stocks” package, as one of I Know First’s quantitative investment solutions. We determine our best stocks carrying a dividend and pick them by screening our database daily using our advanced algorithm.  The full Dividend Stocks Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

• 10 best dividend stocks to long
• 10 best dividend stocks to short

Package Name: “Dividend Stocks”
Recommended Positions: Long
Forecast Length: 7 Days (10/03/2016 – 10/10/2016)
I Know First Average: 3.68%

9 out of 10 stocks in this forecast increased in accordance with the algorithm’s short prediction for the 7-days period. Our top stock pick was Teekay Offshore Partners L.P (TK) with a growth of 12.97%. Cenovus Energy Inc. (CVE) and Plains All American Pipeline, L.P. (PAA) also followed with notable returns of 6.78% and 3.66%. This package had an overall average return of 3.68%, providing investors with a 3.89% over the S&P 500’s return of -0.21%, during the same period.

Teekay Offshore Partners L.P (TK)  primarily provides crude oil and gas marine transportation services in Bermuda and internationally. Analysts have predicted an UNDERVALUED stock for TK and the fundamental analysis score they gave is of 25 from capital cube.

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

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