Undervalued Stocks

This Automotive Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks in the automotive industry (see Automotive Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best auto stocks to trade:

• Top 10 Automotive stocks for the long position
• Top 10 Automotive stocks for the short position

Package Name: Automotive Stocks
Recommended Positions: Long
Forecast Length: 7 Days (10/10/2017 – 10/17/2017)
I Know First Average: 4.21%

For this 7 Days forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from SPAR, at 32.23%. The suggested trades for OSK and AZO also had notable 7 Days yields of 3.34% and 2.67%, respectively. The overall average return in this Automotive Stocks package was 4.21%, providing investors with a 3.64% premium over the S&P 500’s return of 0.57% during the same period.

Spartan Motors, Inc., through its subsidiaries, engineers, manufactures, and sells heavy-duty and custom vehicles in the United States, Canada, South America, and Asia. It operates through three segments: Emergency Response Vehicles, Fleet Vehicles and Services, and Specialty Chassis and Vehicles.

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.