Mega Cap Stocks Based on Artificial Intelligence: Returns up to 8.41% in 3 Days

Mega Cap Stocks

This mega cap stock market forecast includes the best 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 (11/20/2020 – 11/23/2020)
I Know First Average: 3.66%
Mega Cap Stocks
Mega Cap Stocks chart

This Mega Cap Forecast Package forecast had correctly predicted 10 out of 10 stock movements. The top performing prediction from this package was SQ with a return of 8.41%. Further notable returns came from CVX and TOT at 6.18% and 5.27%, respectively. The package itself saw an overall return of 3.66%, providing investors with a 3.78% premium above the S&P 500’s return of -0.12% for the same time period.

Square, Inc. (SQ) develops and provides payment processing, point-of-sale (POS), financial, and marketing services worldwide. It provides Square Register, a POS software application for iOS and Android, which enables sellers across a range of business types to itemize products or services for faster checkout; Square Analytics that shows its sellers how their businesses are performing; Instant Deposit service that sends funds from a sale immediately to a seller’s bank account; and Square Reader for magnetic stripe cards, EMV chip cards, and NFC, which connects wirelessly to mobile devices. The company also offers Square Stand that transforms an iPad into a POS terminal; Square Invoices and Square Online Store for processing payments; Square Cash, a peer-to-peer payments service; and Square Appointments, a POS services. In addition, its products include gift cards, employee management, payroll, and other software and data services. Further, the company provides Square Capital, a financial service product, which provides merchant cash advances to pre-qualified sellers; Square Customer Engagement, a marketing service product; and Caviar, a food delivery service. The company’s customers include retail, services, food, and leisure industries. It serves sellers of various sizes, ranging from a single vendor at a farmers’ market to multinational businesses. Square, Inc. (SQ) was founded in 2009 and is headquartered in San Francisco, California.

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.