Stock Forecasting Using Machine Learning: Up to 99% Return in 1 Month
This forecast is part of the “Stocks Under 10 Dollars” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:
- top ten stocks picks to long
- top ten stocks picks to short
Package Name: Stocks Under 10 Dollars
Forecast Length: 1 Month (8/27/2015 – 9/27/2015)
I Know First Average: 11.57%
The top 10 stocks for the long position were included in the Stocks Under 10 Dollars forecast from 8/27/15 that was part of the Stocks Under 10 Dollars Package. For the long position BTH had the best performance during the predicted time horizon with a solid return of 99.00%. Other stocks with positive performances during the time horizon were ZIOP and MTL, with returns of 30.48% and 10.91%.
Blyth (BTH), stocks of the candle and home fragrance manufacturing giants soared as markets open on Monday. Reasoning for this is due to the Carlyle Group, an American global asset management firm, acquiring Blyth, in a transaction valued at $98 million. Carlyle will pay $6 for each share of Blyth, more than double the stock’s closing price of $2.92 on Friday. The acquisition is expected to close sometime in the fourth quarter of 2015
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.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.