Top Stock Picks Based on Big Data: Returns up to 57.92% in 1 Month
Top Stock Picks
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:
- 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 (11/13/2016 – 12/13/2016)
I Know First Average: 21.92%
10 out of 10 stock prices in this forecast for the Top 10 Stocks Package moved as predicted by the algorithm. FMCC was our best stock pick this week a return of 57.92%. FNMA and X followed with returns of 55.93% and 36.09% for the 1 Month period. The package saw an overall yield of 21.92% versus the S&P 500’s return of 4.96% implying a market premium of 16.96%.
Federal Home Loan Mortgage Corporation, or Freddie Mac (FMCC), provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities in the United States. It operates in three segments: Single-Family Guarantee, Investments, and Multifamily.
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
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.