European Stocks to Buy Based on Machine Learning: Returns up to 96.54% in 3 Months

European Stocks to Buy

This European Stocks forecast is part of the By Region Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 best European stocks to buy based on artificial intelligence with bullish and bearish signals:

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

European Stock Forecast
Package Name: By Region – European Socks
Recommended Positions: Long
Forecast Length: 3 Months (09/27/2016 – 12/27/2016)
I Know First Average: 17.38%
European Stocks to Buy

During the 3 Months forecasted period, several picks in the By Region – European Socks Package saw significant returns. The algorithm had correctly predicted 8 out 10 stocks. The prediction with the highest return was MTL, at 96.54%. Further notable returns came from GLEN.L and MT at 29.03% and 21.62%, respectively. The By Region – European Socks package had an overall average return of 17.38%, providing investors with a premium of 11.66% over the S&P 500’s return of 5.72%.

Mechel Sp ADR (MTL), engages in mining and steel businesses in Asia, the Russian Federation, the Commonwealth of Independent States, Europe, the Middle East, the United States, and internationally. Mechel PAO works in three different sectors, Mining, Steel, and Power. The company was build in 2013 and is based in Moscow, the Russian Federation.

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.