Megacap Stocks Based on AI: Returns up to 23.22% 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 (10/16/22 – 10/30/22)
I Know First Average: 12.77%
Megacap Stocks
Megacap Stocks chart

The algorithm correctly predicted 10 out of 10 the suggested trades in the Mega Cap Forecast Package for this 14 Days forecast. The prediction with the highest return was NVDA, at 23.22%. Further notable returns came from CAT and BAC at 23.09% and 14.13%, respectively. This algorithmic forecast package presented an overall return of 12.77% versus the S&P 500’s performance of 8.87% providing a market premium of 3.90%.

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.