Megacap Stocks Based on Data Mining: Returns up to 28.38% in 3 Months

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: 3 Months (7/26/2020 – 10/26/2020)
I Know First Average: 11.61%
Megacap Stocks
Megacap Stocks chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Mega Cap Forecast Package for this 3 Months forecast. The greatest return came from CRM at 28.38%. Further notable returns came from AVGO and HDB at 18.72% and 18.31%, respectively. The package had an overall average return of 11.61%, providing investors with a premium of 5.85% over the S&P 500’s return of 5.76% during the same period., inc. provides enterprise cloud computing solutions, with a focus on customer relationship management to various businesses and industries worldwide. It offers enterprise cloud computing applications and platform services, including Sales Cloud that enables companies to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence, and collaborate around sales on desktop and mobile devices. The company also provides Service Cloud that enables companies to deliver personalized customer service and support, as well as connects their service agents with customers on various devices; and Marketing Cloud, which enables companies to plan, personalize, and optimize customer interactions. In addition, it offers Community Cloud that enables companies to engage with groups of people by giving them access to information, applications, and experts; Analytics Cloud, an application, which enables companies to deploy sales, service, marketing, and custom analytics applications using various data source; Internet of Things Cloud that enables customers to process data, as well as build personalized actions and engage with customers in real time; and App Cloud, an application development platform for companies to deliver connected applications for various business needs. Further, the company provides professional services, including consulting, deployment, training, and design and integration services to facilitate the adoption of its cloud solutions, as well as offers various education service offerings ranging from introductory online courses to advanced architecture certifications. It sells and markets services primarily through its direct sales force, as well as through consulting firms, systems integrators, and regional partners. The company has a strategic alliance with Cisco to develop IoT and contact center platforms., inc. was founded in 1999 and is headquartered in San Francisco, California.

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.