Stocks Under 5 Dollars Based on Big Data: Returns up to 13.11% in 7 Days

Stocks Under 5 Dollars

This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

under 5
Package Name: Stocks Under 5 Dollars
Recommended Positions: Long
Forecast Length: 7 Days (08/01/2017 – 08/08/2017)
I Know First Average: 3.12%
Stocks Under 5 Dollars

The algorithm correctly predicted 8 out 10 of the suggested trades in the Stocks Under 5 Dollars Package for this 7 Days forecast. SID was the highest-earning trade with a return of 13.11% in 7 Days. Additional high returns came from ARWR and TGB, at 9.09% and 6.58% respectively. The package had an overall average return of 3.12%, providing investors with a 2.93% premium over the S&P 500’s return of 0.19% during the period.

Companhia Siderúrgica Nacional ADR  (SID)  operates as an integrated steel producer primarily in Brazil. It operates through five segments: Steel, Mining, Cement, Logistics, and Energy. The company primarily produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries.

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.