Bullish Stocks to Buy Based on Pattern Recognition: OCN Returns 44.55%

Bullish Stocks to Buy

Our fundamental package is one which includes our trading algorithm’s forecasts for bullish stocks to buy that answer a number of fundamental criteria. The package includes forecasts for stocks with high and low of each of the four basic valuation indicators of quantitative trading based on a self-learning algorithm:

  • P/E (price to earnings ratio)
  • PEG (price/earnings to growth ratio)
  • price-to-book ratio
  • price-to-sales ratio

Our algorithms help you find best opportunities for both long and short positions in stocks within each fundamental screen.

fundamentalsPackage Name: Fundamental – Low Short Ratio Stocks
Forecast Length: 7 Days (08/05/16– 08/12/16)
I Know First Average: 12.30%

Bullish Stocks to Buy

9 out of 10 stocks in the long position for this forecast increased as predicted by the I Know First algorithm. The highest returning stock for this 7-day period was OCN with a large growth of 44.55%. HWAY followed returning 29.85% and EAT returned 19.15%. The package’s overall growth was 12.30% which dwarfed the S&P 500’s growth of 0.91% for the same period.

Ocwen Financial Corp. (OCN), is a financial services holding company that engages in servicing and origination of mortgage loans in the United States. The company is based in West Palm Beach, Florida and was founded in 1988.

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 algorithmic traders.

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