Best Stocks Under 50

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Best Stocks Under 50 stocks with bullish and bearish signals:

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

Package Name: Stocks Under 50 Dollars
Recommended Positions: Long
Forecast Length: 3 Days (05/31/2019 – 06/04/2019)
I Know First Average: 2.16%

In this 3 Days forecast for the Stocks Under 50 Dollars Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The top-performing prediction in this forecast was AEM, which registered a return of 7.94%. Other notable stocks were ARRY and ABCB with a return of 4.88% and 4.25%. The package had an overall average return of 2.16%, providing investors with a premium of 1.64% over the S&P 500’s return of 0.52% during the same period.

Agnico Eagle Mines Limited (AEM) engages in the exploration, development, and production of mineral properties in Canada, Finland, and Mexico. It operates through three segments: Northern Business, Southern Business, and Exploration. The company primarily produces and sells gold, as well as explores for silver, zinc, and copper. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December, 31, 2015, the LaRonde mine had a proven and probable mineral reserve of approximately 3.1 million ounces. The company has exploration activities in Canada, the European Union, Latin America, and the United States. Agnico Eagle Mines Limited (AEM) was founded in 1953 and is headquartered in Toronto, Canada.

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

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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