Best Stocks to Buy Based on Data Mining: Returns up to 17.46% in 7 Days

Best Stocks to Buy

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the best stocks to buy in the whole S&P 500 universe (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

Package Name: S&P 500 Companies

Forecast Length: 7 Days (11/17/2016 – 11/24/2016)
I Know First Average: 4.63%
Best Stocks to Buy

In this 7 Days forecast for the S&P 500 Companies Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 stocks. The top-performing prediction in this forecast was FCX, which registered a return of 17.46%. Other notable stocks were SPLS and URI with a return of 10.69% and 5.68%. The package had an overall average return of 4.63%, providing investors with a premium of 3.35% over the S&P 500’s return of 1.28% during the same period.

Freeport-McMoRan Inc. (FCX), a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. The companies main area of operation revolves around mining and selling copper.

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.