Stock Forecasting Software

This Transportation Stocks forecast is designed for investors and analysts who need predictions for the best stocks to invest in the transport sectors (see Transportation Stocks Package). It includes 20 stocks with bullish and bearish signals according to our stock forecasting software:

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

Package Name: Transportation Stocks
Recommended Positions: Long
Forecast Length: 1 Month (9/22/2019 – 10/23/2019)
I Know First Average: 4.76%

This Transportation Stocks Package forecast had correctly predicted 7 out of 10 stock movements. The greatest return came from TK at 24.44%. XPO and HUBG followed with returns of 8.81% and 7.3% for the 1 Month period. The Transportation Stocks package had an overall average return of 4.76%, providing investors with a premium of 4.34% over the S&P 500’s return of 0.42%.

Teekay Corporation (TK) primarily provides crude oil and gas marine transportation services in Bermuda and internationally. The company operates through Offshore Logistics, Offshore Production, Liquefied Gas Carriers, and Conventional Tankers segments. It operates shuttle tankers, floating storage and off-take units, HiLoad DP units, and long-distance towing and offshore installation vessels, as well as offers offshore accommodation, storage, and support for maintenance and modification projects. The company also operates floating production, storage, and offloading units, as well as other vessels used to service its FPSO contracts; liquefied natural gas (LNG) and liquefied petroleum gas carriers; and conventional crude oil and product tankers. As of April 01, 2016, its fleet comprised approximately 220 liquefied gas, offshore, and conventional tanker assets. The company serves energy and utility companies, oil traders, oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation (TK) was founded in 1973 and is based in Hamilton, Bermuda.

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.