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This forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictors for a total of 20 stocks with bullish and bearish signals through the our best stock screener:

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

Package Name: Stocks Under 10 Dollars
Recommended Positions: Long
Forecast Length: 1 Month (10/28/2016 – 11/28/2016)
I Know First Average: 10.83%

For this 1 Month forecast the algorithm had successfully predicted 8 out of 10 movements. The highest trade return came from VALE, at 30.94%. The suggested trades for MTL and VOXX also had notable 1 Month yields of 27.20% and 23.53%, respectively. The overall average return in this Stocks Under 10 Dollars package was 10.83%, providing investors with a 7.61% premium over the S&P 500’s return of 3.22% during the same period.

Vale S.A. (VALE), engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in both Brazil and internationally.

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.