Megacap Stocks Based on Algorithmic Trading: Returns up to 24.22% in 1 Month

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 Month (2/6/24 – 3/6/24)
I Know First Average: 6.74%
Megacap Stocks
Megacap Stocks chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Mega Cap Forecast Package for this 1 Month forecast. The greatest return came from AMAT at 24.22%. TSM and LRCX saw outstanding returns of 19.18% and 15.33%. The Mega Cap Forecast package had an overall average return of 6.74%, providing investors with a premium of 3.46% over the S&P 500’s return of 3.28%.

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.