Stock Ratings Based Algorithms: Returns up to 9.59% in 3 Days
Stock Ratings
This Automotive Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks in the automotive industry. It includes 20 stocks with bullish and bearish signals and indicates the best auto stocks to buy:
- 10 Automotive stocks for the long position
- 10 Automotive stocks for the short position
Package Name: Automotive Stocks
Forecast Length: 3 Days (07/20/16 – 07/23/16)
I Know First Average: 4.19%
All 10 top stocks in the long position in this forecast increased as predicted by the algorithm. GNTX was our top stock pick this week with its return of 9.59%. AXL and WBC followed with their returns of 7.35% and 6.10% for the 3-day period. The package saw overall growth of 4.19% versus the S&P 500’s growth of 0.52%.
Gentex Corporation (GNTX) is a US company that develops automatic-dimming rear view mirrors and driver assistance systems using cameras. The company is headquartered in Zeeland, Michigan.
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 algorithmic traders.
How to interpret this diagram
Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.