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 (7/28/23 – 8/1/23)
I Know First Average: 2.65%

Several predictions in this 3 Days forecast saw significant returns. The algorithm has correctly predicted 8 out of 10 stock movements. The top-performing prediction in this forecast was PDD, which registered a return of 6.58%. Other notable stocks were SHOP and QCOM with a return of 5.46% and 4.95%. The Mega Cap Forecast package had an overall average return of 2.65%, providing investors with a premium of 1.78% over the S&P 500’s return of 0.87%.

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.