Megacap Stocks Based on a Self-learning Algorithm: Returns up to 15.71% in 14 Days

Megacap Stocks

This stock market forecast includes the best Megacap 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: 14 Days (7/26/22 – 8/9/22)
I Know First Average: 4.73%
Megacap Stocks
Megacap Stocks chart

During the 14 Days forecasted period several picks saw significant returns. The algorithm had correctly predicted 8 out of 10 returns. PYPL was the top performing prediction with a return of 15.71%. Further notable returns came from AMZN and INTU at 13.78% and 8.42%, respectively. This algorithmic forecast package presented an overall return of 4.73% versus the S&P 500’s performance of 3.92% providing a market premium of 0.81%.

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.