Top Performing Stocks of 2016

BlairThe article was written by Blair Goldenberg, a Financial Analyst at I Know First, and enrolled in a Masters of Finance at Colorado State University.

Top Performing Stocks of 2016


  • Top Performing Stocks of 2016
  • I Know First Bullish Forecast for Top Performing Stocks of 2016

Federal Agricultural Mortgage Corp. Class C (AGM)


Federal Agricultural Mortgage Corp. is a stockholder-owned, federally chartered corporation. The company provides a secondary market for agricultural real estate and rural housing mortgage loans, rural utilities loans, and loans guaranteed by the United States Department of Agriculture. It combines private capital and public sponsorship to serve a public purpose. The company operates through three segments: Farm and Ranch, USDA Guarantees and Rural Utilities. Federal Agricultural Mortgage was founded in 1987 and is headquartered in Washington, DC.

This past year, AGM steadily increased until it spiked in November of 2016. Around this time, banks began to increase interest rates which were then subsequently announced the following month. This led to AGM’s increase in share price.

Past bullish forecast can be found here.

82% returns in a year, beginning January 4, 2016-December 30, 2016.

Advanced Micro Devices Inc. (AMD)

Over the past year, Advanced Micron Technologies has been making huge strides in the market to expand and recapture market shares in various gaming technology markets. Its recent Q3 2016 reports, ending in September, had shown that revenue had increased over 23% from $1,061 million in Q3 2015 to $1,307 million during the previous quarter. CEO Lisa Su, who took over the struggling firm two years back, has put the firm on a track for a complete turn around. Essentially, the firm had begun to refocusing its operations on what made it great in the past, which was powerful GPU systems and other graphic solution devices. A huge potential tailwind for AMD is the Zen processor unit, set to be released in 2017, which will offer a newly advanced GPU type software.

AMD Stock Forecast: New Technology Can Expand Market Share & Increase Bottom Line

AMD Stock Prediction: Why Advanced Micro Devices Can Continue Moving Higher

AMD Stock Prediction: Getting 10% of x86 Server Processor Market Will Greatly Boost AMD’s Revenue

309% returns in a year, beginning January 4, 2016-December 30, 2016.

Federal Home Loan Mortgage Corp “Freddie Mac” (FMCC)


Federal Home Loan Mortgage Corp. provides liquidity, stability and affordability to the U.S. housing market primarily by providing credit guarantee for residential mortgages originated by mortgage lenders and investing in mortgage loans and mortgage-related securities. The company conducts business in the U.S. residential mortgage market and the global securities market under the direction of Conservator, FHFA and under regulatory supervision of FHFA, the SEC, HUD and Treasury. It operates its business through following segments: Single-family Guarantee, Investments and Multifamily. Federal Home Loan Mortgage was founded on July 24, 1970 and is headquartered in McLean, VA.

Just like AGM, FMCC is effected by interest rates and this plays a very big part in why FMCC has increased in the last year.

Quick win on FMCC can be found here.

125.3% returns in a year, beginning January 4, 2016-December 30, 2016.

Freeport-McMoRan Inc. (FCX)

fcx stock analysis

Freeport-McMoRan Inc. (FCX) is a natural resources company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold, molybdenum, oil and natural gas. FCX is the world’s largest publicly traded copper producer, the world’s largest producer of molybdenum, and a significant gold, oil and natural gas producer.

FCX benefitted from increase in oil prices as well as increase in copper prices, both are main commodities the company deals in. The OPEC deal effected almost all oil companies in a positive light as oil got more expensive. As for copper, President Elect Trump’s promise for updates in infrastructure moved copper prices up as well.

FCX Stock Analysis: Faltering Copper Demand Along With Poor Fundamentals Creates A Short Sell Oppurtunity

FCX Stock Analysis: Trump influences Copper

101.37% returns in a year, beginning January 4, 2016-December 30, 2016.

MBT Financial Corp.(MBTF)


MBT Financial Corp. is a bank holding company, which operates through its subsidiary Monroe Bank & Trust. It offers various deposit products which include checking and savings accounts, time deposits, safe deposit facilities, commercial loans, personal loans, real estate mortgage loans, installment loans, IRAs, ATM and night depository facilities, treasury management services, telephone and internet banking, personal trust, employee benefit and investment management services. The company was founded in January 2000 and is headquartered in Monroe, MI.

After Brexit bank stocks went down, they then recovered, increasing share price. Once interest rates went up, all banks began to see an increase in share price and MBTF is no exception.

Past bullish forecast can be found here.

65.69% returns in a year, beginning January 4, 2016-December 30, 2016.

McDermott International (MDR)


McDermott International, Inc. is an engineering, procurement, constructions and installation company, which focuses on designing and executing complex offshore oil and gas projects worldwide. It provides EPCI services and delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning. It operates through the following segments: Americas, Europe, and Africa (AEA); the Middle East (MEA); and Asia (ASA). The company was founded in 1923 and is headquartered in Houston, TX.

As with most oil companies, their stock price grew substantially following the announcement of the OPEC deal.

Previous bullish forecast can be found here.

122.59% returns in a year, beginning January 4, 2016-December 30, 2016.

Newmont Mining Corp. (NEM)


Newmont is one of the world’s leading gold producers, and an industry leader in safety and sustainability. The Company was founded in 1921 and has been publicly traded since 1925. Headquartered in Colorado, Newmont has approximately 28,000 employees and contractors, the majority of whom work at operations in the United States, Australia, New Zealand, Peru, Indonesia and Ghana.

Being that NEM is a leading gold producer, the share price is heavily influenced by the commodities price on the market. In the summer of 2016, gold spiked which then spiked NEM as well. Since the spike, both gold and NEM have gone down in share price but they are still producing great returns for the year.

84.8% returns in a year, beginning January 4, 2016-December 30, 2016.

NVIDIA Corporation (NVDA)

Top Performing Stocks

Nvidia is the pioneer of GPU-accelerated computing. They specialize in products and platforms for the large, growing markets of gaming, professional visualization, data center, and automotive, artificial intelligence.

NVDA has released new products throughout the year and have partnered up with huge companies such as Microsoft and Nintendo, thus moving the share price forward immensely. To read about products and partnerships, click the links below.

Quick Win by the Algorithm: NVDA Still Climbing, Up Over 9% in 3 Days

Nvidia Stock Analysis: Why NVDA Shares Will Continue To Soar

NVDA Stock Forecast for 2017

229.75% returns in a year, beginning January 4, 2016-December 30, 2016.Spectra Energy Corp. (SE)


Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North America’s leading pipeline and midstream companies. Based in Houston, Texas, the company’s operations in the United States and Canada include approximately 21,000 miles of natural gas and crude oil pipelines; approximately 300 billion cubic feet (Bcf) of natural gas storage; 4.8 million barrels of crude oil storage; as well as natural gas gathering, processing, and local distribution operations. Spectra Energy is the general partner of Spectra Energy Partners (NYSE: SEP), one of the largest pipeline master limited partnerships in the United States and owner of the natural gas and crude oil assets in Spectra Energy’s U.S. portfolio. Spectra Energy also has a 50 percent ownership in DCP Midstream, the largest producer of natural gas liquids and the largest natural gas processor in the United States. Spectra Energy has served North American customers and communities for more than a century.

SE has its hands in many top companies through their portfolio as well as their own successful natural gas an oil pipelines. With increase in usage of natural gas and the increase of oil prices, SE has benefitted greatly.

Bullish Forecast for SE can be found here.

66.01% returns in a year, beginning January 4, 2016-December 30, 2016.

Vale SA Preference Shares (VALE)


Vale SA engages in the production and export of iron ore, pellets, manganese, and iron alloys, which are raw materials needed for steelmaking. It operates through the following segments: Ferrous Minerals, Coal, Base Metals, Fertilizers and Others. The Ferrous Minerals segment includes the extraction of iron ore and the production of pellets, manganese ore, iron alloys, and coal, and logistics services. The company was founded on June 1, 1942 and is headquartered in Rio de Janeiro, Brazil.

Iron ore prices have gone up in the last year, being that VALE produces and exports iron ore, this has benefitted them. The rise is also attributed to three factors favorable analyst rating and improving financials.

I Know First Review on VALE can be found here.

Quick win on VALE can be found here.

128.4% returns in a year, beginning January 4, 2016-December 30, 2016.

I Know First Bullish Forecast for Top Performing Stocks of 2016

I Know First currently maintains a bullish stance on all 10 stocks with signal strengths and predictability for the 1 year forecast shown below.


I Know First Algorithm Heatmap Explanation

The sign of the signal tells in which direction the asset price is expected to go (positive = to go up = Long, negative = to drop = Short position), the signal strength is related to the magnitude of the expected return and is used for ranking purposes of the investment opportunities.

Predictability is the actual fitness function being optimized every day, and can be simplified explained as the correlation based quality measure of the signal. This is a unique indicator of the I Know First algorithm, allowing the user to separate and focus on the most predictable assets according to the algorithm. Ranging between -1 and 1, one should focus on predictability levels significantly above 0 in order to fill confident about/trust the signal.