Megacap Stocks Based on Deep-Learning: Returns up to 17.18% 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 (5/23/23 – 6/6/23)
I Know First Average: 8.0%
Megacap Stocks
Megacap Stocks chart

During the 14 Days forecasted period several picks saw significant returns. The algorithm has correctly predicted 10 out of 10 returns. TSLA was our best stock pick with a return of 17.18%. AVGO and ADBE followed with returns of 16.46% and 16.35% for the 14 Days period. The package had an overall average return of 8.0%, providing investors with a premium of 5.82% over the S&P 500’s return of 2.18% 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.