Stock Picking Strategies: Up to 23.74% Return in 1 Month

Stock Picking Strategies

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stock picks by screening our database daily for higher volatility stocks that present more opportunities, but are also more risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks picks that best fit for long position
  • top ten aggressive stocks picks that best fit for short position
  • top ten conservative stocks picks that best fit for long position
  • top ten conservative stocks picks that best fit for short position

Package Name: Risk-Conscious
Forecast Length: 1 Month (8/27/2015 – 9/27/2015)
I Know First Average: 4.33%

Stock picking strategies

 

The top 10 stocks for the long position were included in the Risk-Conscious forecast from 8/27/15 that was part of the Risk-Conscious Package. For the long position FCX had the best performance during the predicted time horizon with a remarkable return of 23.74%. Other stocks  with impressive performances during the time horizon were CHK and SRPT with returns of 16.56% and 6.153%.

Freeport-McMoRan, (FCX) which is often just called Freeport, is one of the largest producers of copper and gold in the world. Activist shareholder recently purchased a large amount of stock in the company and called for corporate changes, believing that the company is currently undervalued. Freeport has since hired JPMorgan Chase & Co to help it explore options, including asset sales and cost cuts. The stock is down nearly 60% for the year, but Icahn’s investment and the call for change helped the stock price rebound.

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.