Megacap Stocks Based on Artificial Intelligence: Returns up to 27.41% 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 (11/11/24 – 11/25/24)
I Know First Average: 6.02%
9 out of 10 stock prices in this forecast for the Mega Cap Forecast Package moved as predicted by the algorithm. SHOP was the highest-earning trade with a return of 27.41% in 14 Days. WFC and NFLX saw outstanding returns of 9.79% and 8.87%. The package had an overall average return of 6.02%, providing investors with a 6.16% premium over the S&P 500’s return of -0.14% during the 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.