Undervalued Stocks Based on Artificial Intelligence: Returns up to 49.62% in 3 Months

Undervalued Stocks

This Bovespa Stock forecast was generated by the I Know First Algorithm through its analysis of market data and is part of the By Country Package. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Bovespa
Recommended Positions: Long
Forecast Length: 3 Months (11/05/2017 – 02/05/2018)
I Know First Average: 18.71%
Undervalued Stocks

9 out of 10 stock prices in this forecast for the Bovespa Package moved as predicted by the algorithm. LCAM3.SA was our best stock pick this week a return of 49.62%. PRIO3.SA and USIM5.SA followed with returns of 42.22% and 36.05% for the 3 Months period. The package saw an overall yield of 18.71% versus the S&P 500’s return of 2.36% implying a market premium of 16.35%.

Companhia de Locação das Américas provides vehicle rental services with or without drivers for small, medium, and large companies in Brazil. It also sells its used vehicles in the wholesale and retail markets. As of March 31, 2017, the company’s fleet consisted of 27,628 cars. Companhia de Locação das Américas was founded in 1993 and is headquartered in Belo Horizonte, Brazil.

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.