Mega Cap Stocks Based on Big Data: Returns up to 214.46% 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 (11/18/22 – 11/19/23)
I Know First Average: 49.82%
I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Mega Cap Forecast Package for the 1 Year time period. The prediction with the highest return was NVDA, at 214.46%. Additional high returns came from AVGO and ADBE, at 90.92% and 78.39% respectively. The package had an overall average return of 49.82%, providing investors with a 35.44% premium over the S&P 500’s return of 14.38% during the 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.