Mega Cap Stocks Based on Predictive Analytics: Returns up to 23.48% 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 (3/26/21 – 4/26/21)
I Know First Average: 10.07%
Mega Cap Stocks
Mega Cap Stocks chart

During the 1 Month forecasted period several picks in the Mega Cap Forecast Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The top performing prediction from this package was NVDA with a return of 23.48%. Other notable stocks were PYPL and ASML with a return of 16.0% and 14.8%. The package saw an overall yield of 10.07% versus the S&P 500’s return of 7.11% implying a market premium of 2.96%.

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.