I Know First Review: Stock Picks Based On Algorithms

The stocks selected here are the top performing Tech Stocks from I Know First: Daily Market Forecast’s October 7th, 2014 stock forecast titled Top 10 Dividend Stocks: An Average Return Of 10.16% In 3 Months.  This forecast is part of the “Best Dividend Stocks” package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” return was 10.16% versus the S&P 500’s return of 3.11% over the same time period.

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Signal (3 months): 152.19

Predictability (3 months): 0.41

Return: 7.39%

ConAgra Foods, Inc. operates as a food company primarily in North America. ConAgra Foods was founded in 1919 and is headquartered in Omaha, Nebraska. The company had a signal strength of 152.19 and a predictability indicator of 0.41. In accordance with the algorithm prediction, the stock returned 7.39% in the three-month time horizon. ConAgra Foods generated better than expected results in the first quarter of fiscal 2015, with adjusted earnings of 39 cents per share comfortably beating analysts’ expectations and the year-ago tally. Recently, ConAgra’s joint venture business with Netherlands’ Meijer Frozen Foods has planned to shell out roughly $150 million for its frozen potato trade in the Netherlands. Global frozen potato consumption is predicted to improve by 1.8 billion pounds through 2018. Standing at this juncture, ConAgra aims to tap the burgeoning demand for frozen potato products through a strategic dual sourcing model.

Signal (3 months): 40.93

Predictability (3 months): 0.55

Return: 4.52%

Ford Motor Company develops, manufactures, distributes, and services vehicles, parts, and accessories worldwide. Ford was founded in 1903 and is based in Dearborn, Michigan. The company had a signal strength of 40.93 and a predictability indicator of 0.55. In accordance with the algorithm prediction, the stock returned 4.52% in the three-month time horizon. Ford declared a first quarter dividend of 15 cents per share on outstanding Class B and common stock, a 20% increase from last year’s fourth quarter. Additionally, Ford and its Chinese joint ventures sold 1.11 million vehicles in China in 2014, up 19% from the previous year.

Signal (3 months): 39.11

Predictability (3 months): 0.59

Return: 3.17%

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. Boeing was founded in 1916 and is based in Chicago, Illinois. The company had a signal strength of 39.11 and a predictability indicator of 0.59. In accordance with the algorithm prediction, the stock returned 3.17% in three-month time horizon. Boeing reported record annual orders and deliveries of its commercial jetliners alongside a drop in deal cancellations, easing investor concerns about a market bubble as the company prepares for another boost in production. The global airline industry, notorious for losing money, has enjoyed five successive years of profit as passenger traffic recovered following the recession of 2008-09, and carriers have responded by ordering thousands of new jets for delivery over the next six years.

Signal (3 months): 26.06

Predictability (3 months): 0.50

Return: 2.09%

Anheuser-Busch InBev SA/NV, a brewing company, produces, markets, distributes, and sells beer. It offers a portfolio of approximately 200 beer brands. Anheuser-Busch was founded in 1366 and is headquartered in Leuven, Belgium. The company had a signal strength of 26.06 and a predictability indicator of 0.50. In accordance with the algorithm prediction, the stock returned 2.09% in the three-month time horizon. Lower oil prices means more consumers will use their extra discretionary funds to buy beer, according to a new analyst report, and that should help beverage stocks. Nomura Holdings, Inc. regards the beer company as a good hedge to capitalize on the dynamic beer M&A landscape. In the absence of a major transformational deal, the Japanese financial holding company believes that ABI’s high valuation would be more protected than peers given scope for higher capital returns to shareholders.

Signal (3 months): 22.40

Predictability (3 months): 0.44

Return: 5.86%

General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. It also supplies branded and unbranded food products to the foodservice and commercial baking industries.The company was founded in 1928 and is based in Minneapolis, Minnesota. General Mills had a signal strength of 22.40 and a predictability indicator of 0.44. In accordance with the algorithm prediction, the stock returned 5.86% in the three-month time horizon. The stock price increased after the consumer foods manufacturer reported its second quarter earnings results. The company plans to cut 700-800 jobs in 2015 in an effort to reduce costs as sales in the US, its largest market, have fallen for five consecutive quarters. Selling, general and administrative expenses fell 5.1% during the quarter while the company also trimmed its US advertising budget by 10% in an effort to reduce costs.

Signal (3 months): 16.67

Predictability (3 months): 0.44

Return: 15.43%

Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. The company was founded in 1979 and is headquartered in Dublin, Ireland. Seagate Technology had a signal strength of 16.67 and a predictability indicator of 0.44. In accordance with the algorithm prediction, the stock returned 15.43% in the three-month time horizon. Some of the optimism related to Seagate may be attributed to its focus on the enterprise segment, where technology upgrades and cloud-related investments are on the rise. Moreover, Seagate’s cloud-based applications have generated ample customer interest.
Anticipating a potential acceleration in cloud deployments (due to exponential growth in data storage in the cloud), Seagate is investing heavily to deliver high-capacity storage devices that would support expansion of cloud infrastructure and cloud applications.

Signal (3 months): 14.11

Predictability (3 months): 0.53

Return: 21.53%

D.R. Horton, Inc. operates as a homebuilding company. It was founded in 1978 and is headquartered in Fort Worth, Texas. D.R. Horton had a signal strength of 14.11 and a predictability indicator of 0.53. In accordance with the algorithm prediction, the stock returned 21.53% in the three-month time horizon. Stock prices of the home builder have been rising amid a report that President Barack Obama would announce a 50 basis point cut in Federal Housing Administration premiums at an event in Phoenix on Thursday. The 0.5% cut would be the first in several years and would reduce the premiums to 0.85%.

Signal (3 months): 10.06

Predictability (3 months): 0.49

Return: 14.48%

3M Company operates as a diversified technology company worldwide.The company was founded in 1902 and is headquartered in St. Paul, Minnesota. 3M had a signal strength of 10.06 and a predictability indicator of 0.49. In accordance with the algorithm prediction, the stock returned 14.48% in the three-month time horizon. 3M’s stock price surged after it said its per-share earnings could grow by as much as 12% next year as the company’s appetite for acquisitions helps drive growth. also increased its dividend for its next quarter by 20%. The diversified technology company promised last December to adopt a somewhat less conservative financial strategy and consider larger acquisitions in an effort to improve shareholder returns.

Signal (3 months): 8.97

Predictability (3 months): 0.26

Return: 18.71%

HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It was formed in 1985 and is based in Irvine, California with additional office in Nashville and San Francisco. HCP had a signal strength of 8.97 and a predictability indicator of 026. In accordance with the algorithm prediction, the stock returned 18.71% in the three-month time horizon. HCP announced that its Board of Directors declared a quarterly common stock cash dividend of $0.545 per share on October 30, 2014. The dividend was paid on November 25, 2014 to stockholders of record as of the close of business on November 10, 2014.

Signal (3 months): 8.90

Predictability (3 months): 0.16

Return: 8.57%

Potash Corporation of Saskatchewan Inc., together with its subsidiaries, produces and sells fertilizers and related industrial and feed products worldwide. It mines and produces potash, which is primarily used as fertilizer. The company was founded in 1953 and is headquartered in Saskatoon, Canada. Potash Corporation had a signal strength of 8.90 and a predictability indicator of 0.16. In accordance with the algorithm prediction, the stock returned 8.57% in the three-month time horizon. North American potash stocks have been in the spotlight of late, thanks to the mine ‘Sinkhole’ predicament of the world’s largest potash maker, Uralkali. Shares of potash companies notched up unexpected gains after Uralkali suspended operations at the Solikamsk-2 mine in Russia’s Perm region and evacuated workers due to increasing inflows of brine (salty water) into the site. A sinkhole with a diameter of 30-40 meters was detected to the east of the Solikamsk-2 mine on Nov 18.

Business Disclosure: I Know First Research is the analytic branch of I Know First, a financial startup company that specializes in quantitatively predicting the stock market. We did not receive compensation for this article, and we have no business relationship with any company whose stock is mentioned in this article. Read More From I Know First Research:

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