Megacap Stocks Based on Algo Trading: Returns up to 89.0% in 1 Year

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: 1 Year (6/23/23 – 6/24/24)
I Know First Average: 36.09%
Megacap Stocks
Megacap Stocks chart

Several predictions in this 1 Year forecast saw significant returns. The algorithm has correctly predicted 9 out of 10 stock movements. AVGO was the highest-earning trade with a return of 89.0% in 1 Year. META and AMAT saw outstanding returns of 75.13% and 65.45%. The package’s overall average return was 36.09%, providing investors with a 11.76% premium over the S&P 500’s return of 24.33% during the same period.

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.