Mega Cap Stocks Based on a Self-learning Algorithm: Returns up to 7.78% in 3 Days

Mega Cap Stocks

This stock market forecast includes the best Mega Cap Stocks determined by the algorithm with a market capitalization of more than $100 billion.

  • Top 10 Mega Cap stocks for the long position
  • Top 10 Mega Cap stocks for the short position

Package Name: Mega Cap Forecast
Recommended Positions: Long
Forecast Length: 3 Days (6/9/24 – 6/12/24)
I Know First Average: 3.74%
Mega Cap Stocks
Mega Cap Stocks chart

In this 3 Days forecast for the Mega Cap Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. The highest trade return came from LRCX, at 7.78%. The suggested trades for AMAT and AVGO also had notable 3 Days yields of 7.18% and 6.32%, respectively. The package had an overall average return of 3.74%, providing investors with a premium of 2.36% over the S&P 500’s return of 1.38% during the same period.

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.