Stock Research

This Basic Industry forecast is designed for investors and analysts who need daily stock research of the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

• Top 10 Basic Industry stocks for the long position
• Top 10 Basic Industry stocks for the short position

Package Name: Basic Industry Stocks
Recommended Positions: Long
Forecast Length: 1 Month (11/21/2016 – 12/21/2016)
I Know First Average: 12.30%

In this 1 Month forecast for the Basic Industry Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 stocks. The top-performing prediction in this forecast was HOV, which registered a return of 56.83%. Other notable stocks were X and MDR with a return of 27.65% and 25.20%. The package had an overall average return of 12.30%, providing investors with a premium of 8.48% over the S&P 500’s return of 3.82% during the same period.

Hovnanian Enterprises, Inc. (HOV), designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes.

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

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