Home Builder Stocks Based on Stock Algorithm: Returns up to 19.12% in 7 Days

Home Builder Stocks

This Home Builders Stocks Package is designed for investors and analysts who need predictions of the best performing home builder stocks for the whole Home Builders sector. It includes 20 stocks with bullish and bearish signals and indicates the best Home Builders 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: 7 Days (9/22/2019 – 9/30/2019)
I Know First Average: 3.82%
Home Builder Stocks
Home Builder Stocks chart

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. HOV was our best stock pick this week a return of 19.12%. Other notable stocks were CBL and BZH with a return of 7.5% and 7.19%. The package saw an overall yield of 3.82% versus the S&P 500’s return of -0.51% implying a market premium of 4.33%.

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.