Stock Ideas

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 3 Days (04/16/2019 – 04/29/2019)
I Know First Average: 8.46%

For this 3 Days forecast the algorithm had successfully predicted 5 out of 5 movements. The highest trade return came from SBS, at 19.04%. The suggested trades for TCBI and CVI also had notable 3 Days yields of 13.21% and 5.44%, respectively. The overall average return in this Top 10 Stocks package was 8.46%, providing investors with a 7.17% premium over the S&P 500’s return of 1.29% during the same period.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP provides basic and environmental sanitation services, and supplies treated water and sewage services on a wholesale basis to residential, commercial, industrial, and governmental customers in the state of São Paulo. The company operates through two segments, Water and Sewage. It provides water supply, sanitary sewage, urban rainwater management and drainage, urban cleaning, and solid waste management services, as well as related activities, including the planning, operation, maintenance, and commercialization of energy. As of December 31, 2015, the company provided water services through 8.4 million water connections to approximately 25.5 million people; and sewage services through 6.9 million sewage connections to approximately 22.8 million people, as well as operated 71,705 kilometers of water pipes and water transmission lines, and 48,774 kilometers of sewer lines. It also offers water and/or sewage services to other municipalities through special purpose companies; and consulting services regarding the rational use of water, as well as financial, commercial, and operational management services in Panama, Honduras, and Nicaragua. The company was founded in 1954 and is headquartered in São Paulo, Brazil.

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.