Mega Cap Stocks Based on Genetic Algorithms: Returns up to 33.55% in 3 Months

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 Months (6/7/2020 – 9/8/2020)
I Know First Average: 10.01%
Mega Cap Stocks
Mega Cap Stocks chart

The algorithm correctly predicted 7 out 10 of the suggested trades in the Mega Cap Forecast Package for this 3 Months forecast. The highest trade return came from NVDA, at 33.55%. JD, and SHOP had notable returns of 29.1% and 26.06%. The package itself saw an overall return of 10.01%, providing investors with a 5.69% premium above the S&P 500’s return of 4.32% for the same time period.

NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications

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.