Stock Market Outlook

The Stock Market Outlook Package includes our algorithmic forecasts for stocks screened by fundamental criteria. Our algorithms help you find best opportunities for both long and short positions for the stocks within each fundamental screen. The stocks are selected according to five basic valuation categories:

• P/E (price to earnings ratio)
• PEG (price/earnings to growth ratio)
• price-to-book ratio
• price-to-sales ratio
• short ratio

Package Name: Fundamental – High P/E Stocks
Recommended Positions: Long
Forecast Length: 7 Days (9/24/21 – 10/2/21)
I Know First Average: 2.52%

In this 7 Days forecast for the Fundamental – High P/E Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The top-performing prediction in this forecast was IGT, which registered a return of 18.33%. The suggested trades for HRI and OVV also had notable 7 Days yields of 9.35% and 7.71%, respectively. The package had an overall average return of 2.52%, providing investors with a premium of 4.59% over the S&P 500’s return of -2.07% during the same period.

International Game Technology (IGT) PLC operates and provides technology products and services across lotteries, electronic gaming machines, sports betting, and interactive gaming markets worldwide. It offers a suite of lottery-enabled point-of-sale terminals; online lottery transaction processing systems; supplies instant ticket games; and printing services, instant ticket marketing plans and graphic design, programming, production, packaging, and shipping and delivery services. The company also provides video lottery terminals (VLT), VLT central systems, and VLT games to government customers; video and traditional mechanical reel slot machines and casino systems to casino operators; and amusement with prize machines and games to licensed operators, as well as designs, develops, manufactures, and provides cabinets, games, systems, and software in legal gaming markets. In addition, it is involved in the provision of sports betting platform that offers betting on sporting and motor sports events, as well as non-sporting events; and interactive gaming (or iGaming) that enables game play through the Internet, such as Internet poker, table games, slots, bingo, iLottery, and gaming management systems. Further, the company provides transaction processing of commercial transactions, such as prepaid cellular telephone recharges, prepaid mobile data, collection and payment services for the payment of utility bills, money transfer services, ticketing for sporting and musical events, credit card transactions, social security contributions and payments, and prepaid cards. Additionally, it offers collection, and processing and network services on behalf of third parties; and issues electronic money through immediate conversion of funds received. The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology (IGT) PLC in April 2015. The company was incorporated in 2014 and is headquartered in London, the United Kingdom.

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.