Strong Buy Stocks

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 and indicates the strong buy stocks:

• • 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: 1 Month (06/02/2019 – 07/02/2019)
I Know First Average: 9.03%

10 out of 10 stock prices in this forecast for the Top 10 Stocks Package moved as predicted by the algorithm. STM was our best stock pick this week a return of 19.81%. URI and SBS followed with returns of 19.71% and 10.24% for the 1 Month period. The package saw an overall yield of 9.03% versus the S&P 500’s return of 8.03% implying a market premium of 1.00%.

STMicroelectronics N.V. (STM), together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products, and subsystems and modules worldwide. The company offers a range of products, including discrete and standard commodity components, application-specific integrated circuits, full-custom devices and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications, as well as silicon chips and smartcards. It also provides subsystems and modules, including mobile phone accessories, battery chargers, and ISDN power supplies for the telecommunications, automotive, and industrial markets; and in-vehicle equipment for electronic toll payment. The company sells its products through its distributors and retailers, as well as through sales representatives. STMicroelectronics N.V. (STM) was founded in 1987 and is headquartered in Geneva, Switzerland.

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.