Stock Market Forecast

This stock market 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 Month (3/20/22 – 4/20/22)
I Know First Average: 8.05%

In this 1 Month forecast for the Utilities Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out of 10 trades. The highest trade return came from CNP, at 12.74%. Further notable returns came from BKH and SRE at 11.28% and 10.48%, respectively. The Utilities Stocks package had an overall average return of 8.05%, providing investors with a premium of 8.13% over the S&P 500’s return of -0.08%.

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.