Buy And Hold

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (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
Recommended Positions: Long
Forecast Length: 3 Months (01/22/2019 – 04/22/2019)
I Know First Average: 20.69%

In this 3 Months forecast for the S&P 500 Companies Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. The top-performing prediction in this forecast was CDNS, which registered a return of 37.73%. Other notable stocks were IPGP and CHTR with a return of 33.23% and 22.87%. The package had an overall average return of 20.69%, providing investors with a premium of 11.81% over the S&P 500’s return of 8.88% during the same period.

Cadence Design Systems, Inc. provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide. It offers functional verification, including emulation and prototyping hardware. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

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.