Best Dividend Paying Stocks Based on Data Mining: Returns up to 31.41% in 1 Month

Best Dividend Paying Stocks

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

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

dividend stocks
Package Name: Dividends
Recommended Positions: Long
Forecast Length: 1 Month (12/31/2017 – 01/31/2018)
I Know First Average: 7.49%
Best Dividend Paying Stocks

The algorithm correctly predicted 9 out 10 of the suggested trades in the Dividends Package for this 1 Month forecast. STX was the highest-earning trade with a return of 31.41% in 1 Month. Additional high returns came from BBY and IP, at 11.42% and 10.80% respectively. The package had an overall average return of 7.49%, providing investors with a 1.73% premium over the S&P 500’s return of 5.76% during the period.

Seagate Technology Public Limited Company (STX) designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. The company is based out of Dublin, Ireland.

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.