Top 10 Blue Chip Stocks Based on Stock Algorithm: Returns up to 35.49% in 14 Days
Top 10 Blue Chip Stocks
This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock 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
Package Name: Stocks Under 50 Dollars
Recommended Positions: Long
Forecast Length: 14 Days (05/16/2018 – 05/30/2018)
I Know First Average: 8.73%
The algorithm correctly predicted 8 out 10 of the suggested trades in the Stocks Under 50 Dollars Package for this 14 Days forecast. CATO was the highest-earning trade with a return of 35.49% in 14 Days. Additional high returns came from BCOR and AOBC, at 15.62% and 14.60% respectively. The package had an overall average return of 8.73%, providing investors with a 8.27% premium over the S&P 500’s return of 0.46% during the period.
The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories in the Southeastern United States. It operates through two segments, Retail and Credit. The companys stores and e-commerce Website offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags for women. It also offers mens wear, as well as lines for kids and newborns. The company operates its stores primarily under the Cato, Cato Fashions, Cato Plus, Its Fashion, Its Fashion Metro, and Versona names. As of January 30, 2016, it operated 1,372 stores in 32 states. The company also provides credit cards to its customers. The Cato Corporation was founded in 1946 and is headquartered in Charlotte, North Carolina.
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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