Home Builder Stocks Based on Data Mining: Returns up to 89.12% in 14 Days

Home Builder Stocks

This Home Builders Stocks Package is designed for investors and analysts who need predictions of the best performing stocks for the whole Home Builders sector. It includes 20 stocks with bullish and bearish signals and indicates the best Home Builder stocks to buy:

  • Top 10 Home Builders stocks for the long position
  • Top 10 Home Builders stocks for the short position

Package Name: Home Builders
Recommended Positions: Long
Forecast Length: 14 Days (8/25/2019 – 9/9/2019)
I Know First Average: 11.47%
Home Builder Stocks
Home Builder Stocks chart

8 out of 10 stock prices in this forecast for the Home Builders Package moved as predicted by the algorithm. The top performing prediction from this package was HOV with a return of 89.12%. WY and PHM also performed well for this time horizon with returns of 7.01% and 6.3%, respectively. The package’s overall average return was 11.47%, providing investors with a 6.86% premium over the S&P 500’s return of 4.61% during the same period.

Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters in 219 communities in 34 markets. It also provides financial services comprising originating mortgages from homebuyers and selling such mortgages in the secondary market, as well as offers title insurance services. The company was founded in 1959 and is headquartered in Red Bank, New Jersey.

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.