Consumer Staples Stocks Based on Artificial Intelligence: Returns up to 63.90% in 1 Year

Consumer Staples Stocks

The Consumer Stocks Package is designed for investors and analysts who need predictions of the best performing stocks for the whole Consumer Industry. It includes 20 consumer staples stocks with bullish and bearish signals.

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

Package Name: Consumer Stocks
Recommended Positions: Long
Forecast Length: 1 Year (07/06/2018 – 07/07/2019)
I Know First Average: 11.20%
Consumer Staples Stocks

The algorithm correctly predicted 6 out 10 of the suggested trades in the Consumer Stocks Package for this 1 Year forecast. FOXF was the highest-earning trade with a return of 63.90% in 1 Year. Additional high returns came from NXST and DORM, at 47.78% and 21.67% respectively. The package had an overall average return of 11.20%, providing investors with a 1.93% premium over the S&P 500’s return of 9.27% during the period.

Fox Factory Holding Corp., incorporated on December 28, 2007, is engaged in the manufacturing, sale and service of ride dynamics products. The Company designs, engineers, manufactures and markets performance ride dynamics products for customers across the world. Its products fall into two categories: bikes, and powered vehicles, including side-by-sides, on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, and motorcycles. The Company’s brands include FOX, FOX RACING SHOX and RACE FACE. The Company’s products include 34 Factory Series FLOAT FIT4, which provides external adjustability with its fourth-generation FOX Isolated Technology and closed-cartridge damper, and includes a self-adjusting negative chamber air spring; X2 technology, utilized in its Factory Series FLOAT and DH rear shocks; PODIUM Internal Bypass, and X2 technology utilized in its 2.5 PODIUM shocks for side-by-sides that feature high and low speed rebound adjustment, high and low speed compression adjustment, and a dual-rate spring for the rear shocks to allow drivers to tune for various terrain types and driving styles.

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.