Halal Stocks Based on Big Data: Returns up to 30.98% in 14 Days

Halal Stocks

The Halal Stocks Package is designed for investors and analysts who need predictions for stocks that are compliant with halal and haram principles. It includes 20 stocks with bullish and bearish signals and indicates the best halal stocks to buy and sell:

  • Top 10 halal stocks with bullish signals
  • Top 10 halal stocks with bearish signals

Package Name: Halal Stocks
Recommended Positions: Long
Forecast Length: 14 Days (4/14/21 – 4/28/21)
I Know First Average: 11.85%
Halal Stocks
Halal Stocks chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the Halal Stocks Package for this 14 Days forecast. RFP was the highest-earning trade with a return of 30.98% in 14 Days. The suggested trades for BSET and AA also had notable 14 Days yields of 28.82% and 16.8%, respectively. The package had an overall average return of 11.85%, providing investors with a 10.85% premium over the S&P 500’s return of 1.0% during the period.

Resolute Forest Products Inc. (RFP) operates in the forest products industry in the United States, Canada, and South Korea. It operates through five segments: Market Pulp, Tissue, Wood Products, Newsprint, and Specialty Papers. The Market Pulp segment provides market pulp, recycled bleached kraft pulp, and bleached hardwood kraft pulp used to make a range of consumer products comprising tissue, packaging, specialty paper products, diapers, and other absorbent products. The Tissue segment offers a range of tissue products, such as recycled and virgin paper products for the away-from-home and private-label at-home markets. The Wood Products segment produces construction-grade lumber, spruce-pine-fir lumber, bed frame components, finger joints, and furring strips, as well as I-joists. The Newsprint segment provides newsprint and sells to newspaper publishers worldwide, as well as to commercial printers in North America for a range of uses, such as inserts and flyers. The Specialty Papers segment produces various specialty papers consisting of uncoated mechanical papers, including supercalendered, superbright, high bright, bulky book, and directory papers, as well as coated mechanical papers and uncoated freesheet papers. Its specialty papers are used in books, retail inserts, direct mail, coupons, magazines, catalogs, and other commercial printing applications. This segment sells specialty papers to commercial printers, direct mailers, publishers, catalogers, and retailers. The company also produces electricity at seven cogeneration facilities and seven hydroelectric dams. Resolute Forest Products Inc. (RFP) is based in Montreal, Canada.

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

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.