Megacap Stocks Based on Artificial Intelligence: Returns up to 12.03% 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 (5/30/24 – 6/13/24)
I Know First Average: 5.02%
Megacap Stocks
Megacap Stocks chart

7 out of 10 stock prices in this forecast for the Mega Cap Forecast Package moved as predicted by the algorithm. The prediction with the highest return was TSM, at 12.03%. ASML and LRCX had notable returns of 9.9% and 8.94%. This algorithmic forecast package presented an overall return of 5.02% versus the S&P 500’s performance of 3.17% providing a market premium of 1.85%.

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.