Hedge Fund Stocks

This Hedge Fund Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks according to I Know First’s stock market algorithm. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to long and short based on artificial intelligence trading strategies:

• Top 10 Hedge Fund stocks for the long position
• Top 10 Hedge Fund stocks for the short position

Package Name: Hedge Fund Stocks
Recommended Positions: Long
Forecast Length: 14 Days (10/16/2019 – 10/30/2019)
I Know First Average: 5.7%

The algorithm correctly predicted 9 out 10 of the suggested trades in the Hedge Fund Stocks Package for this 14 Days forecast. MHK was the highest-earning trade with a return of 15.46% in 14 Days. The suggested trades for MHO and URI also had notable 14 Days yields of 15.43% and 12.65%, respectively. The package itself saw an overall return of 5.7%, providing investors with a 3.99% premium above the S&P 500’s return of 1.71% for the same time period.

Mohawk Industries, Inc. (MHK) designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products. This segment markets and distributes its products under the American Olean, Daltile, KAI, Kerama Marazzi, Marazzi, and Ragno brands. The Flooring NA segment offers product lines in a range of colors, textures, and patterns, including carpets, rugs, and carpet pads; hardwood and laminate products; and vinyl products, such as luxury vinyl tiles. This segment markets and distributes its flooring products under the Aladdin, Bigelow, Columbia Flooring, Durkan, Horizon, IVC, Karastan, Lees, Mohawk, Pergo, Portico, QuickStep, and SmartStrand brands. The Flooring ROW segment provides laminate and hardwood flooring, as well as roofing elements, insulation boards, medium-density fiberboards, chipboards, and vinyl flooring products under the IVC, Moduleo, Pergo, Quick-Step, and Unilin brands; and licenses patents related to flooring manufacturers. The company sells its products through independent distributors, home center retailers, independent and individual floor covering retailers, ceramic specialists, commercial contractors, commercial end users, mass merchandisers, department stores, shop at home, buying groups, retailers, and wholesalers, as well as private labeling programs. Mohawk Industries, Inc. (MHK) was founded in 1988 and is headquartered in Calhoun, Georgia.

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.