Momentum Stocks Based on Data Mining: Returns up to 150.76% in 1 Year

Momentum Stocks

The Momentum Stocks Package is designed for investors and analysts who need predictions for stocks currently at their 52 week high price level. It includes 20 stocks with bullish and bearish signals and indicates the best shares to buy and sell:

  • 52 Weeks High Top 10 stocks for the long position
  • 52 Weeks High Top 10 stocks for the short position

Best Share To Buy
Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 1 Year (8/4/20 – 8/4/21)
I Know First Average: 36.47%
Momentum Stocks
Momentum Stocks chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the 52 Week High Stocks Package for this 1 Year forecast. The greatest return came from CAMT at 150.76%. ENTG, and BRKS had notable returns of 67.83% and 62.67%. The package had an overall average return of 36.47%, providing investors with a 2.84% premium over the S&P 500’s return of 33.63% during the period.

Camtek Ltd. designs, develops, manufactures, and markets automated optical inspection (AOI) systems for semiconductor wafers, integrated circuit substrates, and printed circuit boards (PCBs) in Israel. It operates in two segments, Microelectronics and PCB. The company was founded in 1987 and is headquartered in Migdal HaEmek, Israel.

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.