Stock Recommendations Based On Agorithmic Analysis: Up To 30.12% Return In 7 Days

Stock Recommendations

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: 7 days (01/29/16 – 02/05/16)
I Know First Average: 7.43%

Stock Recommendations

The algorithm correctly predicted 6 out of the 10 stocks forecasted to increase during the predicted time horizon of 7 days in the basic industry stocks package forecast from 01/29/2016. The most impressive prediction was for SID, which offered a return of 30.12% during the predicted time horizon to investors who bought this stock. The average return from this forecast for investors was 7.43%, offering a premium to investors over the S&P 500 return of -0.70% during the predicted time horizon.

Companhia Siderúrgica Nacional 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.

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.

How to interpret this diagram

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