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: 7 Days (4/26/24 – 5/3/24)
I Know First Average: 3.22%

In this 7 Days forecast for the Mega Cap Forecast Package, there were many high performing trades and the algorithm correctly predicted 9 out of 10 trades. The prediction with the highest return was PDD, at 11.44%. Additional high returns came from GOOG and SHOP, at 6.99% and 5.54% respectively. The Mega Cap Forecast package had an overall average return of 3.22%, providing investors with a premium of 1.65% over the S&P 500’s return of 1.57%.

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.