Stock Picking Based on Algorithms: Up to 106.73% Return in 1 Month

Stock Picking

This Basic Industry Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Basic Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Package Name: Basic Industry
Forecast Length: 30 Days (02/17/16 – 03/17/16)
I Know First Average: 42.66%

Stock Picking

The Basic Industry package has been dominating lately with phenomenal returns coming from both SID and X. In addition to having all 10 top stocks increase as predicted, SID and X returned 106.73% and 105.87% respectively in just 30 days. With the help of these outstanding returns, the package saw an average return of 42.66% for investors. During this same period, the S&P 500 saw growth of just 7.65%.

Companhia Siderúrgica Nacional (SID) produces steel. The company operates through five segments including steel, mining, cement, logistics, and energy. The company primarily produces carbon steel and various steel products for the distribution, packaging, automotive, home appliance, and construction industries. Recent surges in steel prices have given SID a huge boost in share price.

 

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.