Robo Advisor

This Basic Industry Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Basic Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy:

• Top 10 Basic Industry stocks for the long position
• Top 10 Basic Industry stocks for the short position

Package Name: Basic Industry
Forecast Length: 3 days (02/03/16 – 02/06/16)
I Know First Average: 5.06%

The algorithm correctly predicted 8 out of 10 stocks forecasted over the predicted time horizon of 3 days for the Basic Industry stocks package from 02/03/2016. The most impressive performance was  that of GGB , with an upside of 13.83% over the predicted time horizon. The average return for investors of this forecast was 5.06% offering a premium over the S&P 500 return of -1.21% during the same time window.

Gerdau S.A. produces and commercializes steel products worldwide. It operates through Brazil, North America, Latin America, Special Steel, and Iron Ore segments. The overall outlook of Gerdau doesnt look bright in the eyes of Moody’s and they have downgraded their stock to Ba3.

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 algorithmic traders.

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Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.