Equity Research Based on Artificial Intelligence: Returns up to 10.90% in 3 Days

Equity Research

This Automotive Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks in the automotive industry (see Automotive Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best auto stocks to trade, based on equity research:

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

Package Name: Automotive Stocks
Recommended Positions: Long
Forecast Length: 3 Days (12/04/2016 – 12/07/2016)
I Know First Average: 7.14%
Equity Research

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Automotive Stocks Package for the 3 Days time period. The greatest return came from GPI at 10.90%. MGA and WBC also performed well for this time horizon with returns of 9.20% and 8.34%, respectively. The package itself saw an overall return of 7.14%, providing investors with a 4.89% premium above the S&P 500’s return of 2.25% for the same time period.

Group 1 Automotive, Inc. (GPI), through its subsidiaries, operates in the automotive retail industry. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services.

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.

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