Consumer Staples Stocks To Watch Based on Artificial Intelligence: Returns up to 43.40% in 3 Months

Consumer Staples Stocks To Watch

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 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 & Short
Forecast Length: 3 Months (02/08/2019 – 05/08/2019)
I Know First Average: 10.44% (Long) & 12.66% (Short)
Consumer Staples Stocks To Watch

During the 3 Months forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from ASNA which registered a return of 43.40%. For the long positions the largest growth was registered by WLH with a return of 35.26%, during the same period. The package itself, had an overall average return of 10.44%, in the long position, providing a premium of 4.03% over the SP500’s return of 6.41%. With regards to the short position, the package had an overall average return of 12.66%, providing investors with a premium of 6.25% over S&P500’s return of 6.41%. The I Know First’s Stock Market Algorithm accurately forecasted 8 out of 10 stocks, for the long position, and 7 out of 10 stocks, for the short position for this 3 Months forecasted period.

Ascena Retail Group, Inc., incorporated on July 27, 2010, is a specialty retailer of apparel for women and tween girls. The Company classifies its businesses into six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States’ states, the District of Columbia, Canada and Puerto Rico.

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

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.