Top 10 Blue Chip Stocks Based on Stock Algorithm: Returns up to 33.05% in 1 Month

Top 10 Blue Chip Stocks

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

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Package Name: S&P 500 Companies
Recommended Positions: Long
Forecast Length: 1 Month (07/29/2018 – 08/29/2018)
I Know First Average: 6.36%
Top 10 Blue Chip Stocks

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this S&P 500 Companies Package for the 1 Month time period. The greatest return came from AMD at 33.05%. REGN and CELG also performed well for this time horizon with returns of 10.61% and 8.92%, respectively. The package itself saw an overall return of 6.36%, providing investors with a 2.98% premium above the S&P 500’s return of 3.38% for the same time period.

Advanced Micro Devices Inc.  (AMD) operates as a semiconductor company worldwide. The company’s products include mainly x86 microprocessor as an accelerated processing unit (APU) and graphic process units (GPU). It also provides microprocessors for desktop PCs.

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.