Stock Picker Based on a Self-learning Algorithm: Returns up to 37.97% in 1 Year
Stock Picker
Stock Picker: 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 (4/14/24 – 4/14/25)
I Know First Average: 24.35%
During the 1 Year forecasted period several picks in the Utilities Stocks Package saw significant returns. The algorithm has correctly predicted 10 out of 10 returns. The greatest return came from AEE at 37.97%. Additional high returns came from PPL and AEP, at 33.12% and 29.82% respectively. The Utilities Stocks package had an overall average return of 24.35%, providing investors with a premium of 18.83% over the S&P 500’s return of 5.52%.
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.