Top South African Stocks Based on Big Data: Returns up to 13.63% in 3 Days

Top South African Stocks

Best South African Stocks: This South African Stock forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: By Country – South African Stocks
Recommended Positions: Long
Forecast Length: 3 Days (12/17/2017 – 12/20/2017)
I Know First Average: 6.42%
Top South African Stocks

10 out of 10 stock prices in this forecast for the By Country – South African Stocks Package moved as predicted by the algorithm. TFGJ.J was our best stock pick this week a return of 13.63%. BGAJ.J and MRPJ.J followed with returns of 11.90% and 9.38% for the 3 Days period. The package saw an overall yield of 6.42% versus the S&P 500’s return of 0.13% implying a market premium of 6.29%.

Foschini Group Limited is an investment holding company. The Company’s segments include Retail trading divisions, which consists of the @home division, Exact, The FIX division, the Foschini division, the Jewelry division, the Markham division and the Sports division, retail clothing, jewelry, cosmetics, cellphones and homeware

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.