Best Stocks To Short Based on Stock Prediction Algorithm: Returns up to 23.59% in 1 Month

Best Stocks To Short

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools to find the best stocks to short. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • Top 10 stocks pick for the short position


Package Name: Top 10 Stocks
Recommended Positions: Short
Forecast Length: 1 Month (02/23/2017 – 03/23/2017)
I Know First Average: 9.88%
Best Stocks To Short

8 out of 10 top stock picks from the algorithm decreased as predicted for this long-term forecasting period. SM saw monumental growth of 23.59% in just 1 Month. WLL, and GPOR also had excellent performances with returns of 22.38% and 14.84% respectively. The package had an overall average return of 9.88%, providing investors with a premium of 10.59% over the S&P 500’s return of -0.71% during the same period.

SM Energy Company (SM), an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast region, which focuses primarily on Eagle Ford shale program; Rocky Mountain region comprising the Bakken and Three Forks formations in the North Dakota; and Permian region covering western Texas and southeastern New Mexico. As of December 31, 2015, the company had 471.3 million barrels of oil equivalent of estimated proved reserves; and working interests in 872 net productive oil wells and 653 net productive gas wells. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company (SM) in May 2010. SM Energy Company (SM) was founded in 1908 and is headquartered in Denver, Colorado.

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.