Mega Cap Stocks Based on a Self-learning Algorithm: Returns up to 98.38% in 1 Year

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: 1 Year (5/1/23 – 5/1/24)
I Know First Average: 38.54%
Mega Cap Stocks
Mega Cap Stocks chart

9 out of 10 stock prices in this forecast for the Mega Cap Forecast Package moved as predicted by the algorithm. AVGO was our best stock pick with a return of 98.38%. Other notable stocks were META and AMAT with a return of 82.75% and 71.63%. The package itself saw an overall return of 38.54%, providing investors with a 18.18% premium above the S&P 500’s return of 20.36% for the same time 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.