Stock Pickers Based on Deep Learning: Returns up to 15.43% in 7 Days

Stock Pickers

This Stock Pickers 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: 7 Days (5/18/22 – 5/25/22)
I Know First Average: 3.35%
Stock Pickers
Stock Pickers chart

For this 7 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The highest trade return came from CDZI, at 15.43%. Further notable returns came from PNW and NRG at 4.36% and 3.65%, respectively. The package had an overall average return of 3.35%, providing investors with a premium of 6.04% over the S&P 500’s return of -2.69% during the same period.

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.