Israeli Stocks To Buy

This forecast is part of the By Country – Israeli Stocks To Buy Package, as one of I Know First’s algorithmic trading tools. The full Israeli stocks forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

• Top 10 Israeli stocks for the long position
• Top 10 Israeli stocks for the short position

Package Name: By Country – Israeli Stocks
Recommended Positions: Long
Forecast Length: 7 Days (4/21/2020 – 4/28/2020)
I Know First Average: 9.62%

In this 7 Days forecast for the By Country – Israeli Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. IGLD.TA was the top performing prediction with a return of 38.11%. PSTI.TA and CGEN.TA also performed well for this time horizon with returns of 28.79% and 12.43%, respectively. The package had an overall average return of 9.62%, providing investors with a 6.48% premium over the TASE index return of 3.14% during the period.

Internet Gold’s main asset is its 64.78% interest in BCOM Ltd. (Nasdaq and TASE: BCOM), a subsidiary through which IGLD holds a controlling interest in Bezeq (TASE:BZEQ), Israel’s incumbent telecommunications provider. Bezeq is a leading player in Israel’s fixed-line, mobile voice, broadband and multichannel pay TV markets.

Internet Gold is controlled by Eurocom Communications , a leading privately-held investment group headquartered in Ramat Gan. Internet Gold’s shares are traded on Nasdaq Global Market (Nasdaq: IGLD) and the Tel Aviv Stock Exchange (TASE: IGLD). Its share price is tracked as part of the TA- All-Share index.

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.