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: 7 Days (7/1/2020 – 7/8/2020)
I Know First Average: 2.86%

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. NVDA was our best stock pick this week a return of 7.56%. HDB and ADBE also performed well for this time horizon with returns of 6.97% and 5.14%, respectively. The overall average return in this Mega Cap Forecast package was 2.86%, providing investors with a 0.61% premium over the S&P 500’s return of 2.25% during the same 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.