Stock Forecast

Stock Forecast: This Utilities Stocks forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry. It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:

• Top 10 Utilities stocks for the long position
• Top 10 Utilities stocks for the short position

Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 1 Year (5/6/24 – 5/6/25)
I Know First Average: 10.77%

7 out of 10 stock prices in this forecast for the Utilities Stocks Package moved as predicted by the algorithm. The top performing prediction from this package was NRG with a return of 52.65%. OGS and DTE followed with returns of 23.56% and 22.09% for the 1 Year period. This algorithmic forecast package presented an overall return of 10.77% versus the S&P 500’s performance of 9.34% providing a market premium of 1.43%.

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.