Megacap Stocks Based on Machine Learning: Returns up to 232.4% in 1 Year

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 Year (2/7/23 – 2/7/24)
I Know First Average: 55.07%
Megacap Stocks
Megacap Stocks chart

For this 1 Year forecast the algorithm has successfully predicted 6 out of 10 movements. The greatest return came from NVDA at 232.4%. AVGO and AMD saw outstanding returns of 109.06% and 104.28%. The package’s overall average return was 55.07%, providing investors with a 33.57% premium over the S&P 500’s return of 21.5% 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.