Stock Selection Based On Artificial Intelligence: Up to 10.30% Returns in 14 days

Stock Selection

This Home Builders forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Home Builders sector (See Home Builders Package). It includes 20 stocks with bullish and bearish signals and indicates the best Home  builders stocks to buy:

  • Top 10 biotech stocks for the long position
  • Top 10 biotech stocks for the short position

Package Name: Home Builders Stocks
Forecast Length: 14 Days (11/17/15 – 12/01/15)
I Know First Average: 6.01%

Stock Selection

The algorithm correctly predicted 10 of the 10 stocks forecasted to increase during the predicted time horizon of 3 days in the home buldiers package forecast from 11/17/2015. The most impressive prediction was for HOV, which offered a return of 10.30% during the predicted time horizon to investors who bought this stock. Other impressive returns were MTH and HCP which increased by 8.73% and 7.85%, respectively. The average return from this forecast for investors was 6.01%, offering a premium to investors over the S&P 500 return of 2.41% during the predicted time horizon.

Hovnanian Enterprises (HOV) is an American real estate company which is currently the sixth largest American home builder and the largest home builder in the state of New Jersey.  The company’s recent stock price boom could be explained due to the recent land banking arrangement announced in alliance with Domain Real Estate Partners. The arrangement is estimated to cost an epic $125 million. Ara Hovnanian Chairman of the Board of Directors, President and Chief Executive Officer of Hovnanian Enterprises, Inc was in a boisterous mood following the announcement stating  “We are very pleased to announce this exciting new partnership with Domain,”

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.