Mega Cap Stocks Based on Data Mining: Returns up to 29.8% in 1 Month

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 Month (7/15/22 – 8/15/22)
I Know First Average: 18.84%
Mega Cap Stocks
Mega Cap Stocks chart

Several predictions in this 1 Month forecast saw significant returns. The algorithm has correctly predicted 10 out of 10 stock movements. The top-performing prediction in this forecast was TSLA, which registered a return of 29.8%. Other notable stocks were INTU and ASML with a return of 28.79% and 25.84%. The package had an overall average return of 18.84%, providing investors with a premium of 5.47% over the S&P 500’s return of 13.37% during the same 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.