Stock Signals Based on Data Mining: Returns up to 9.59% in 1 Month

Stock Signals

This Utilities Stocks forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry . It includes 10 bullish and bearish stock 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: 1 Month (12/29/2019 – 1/29/2020)
I Know First Average: 3.85%
Stock Signals
Stock Signals chart

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Utilities Stocks Package for the 1 Month time period. The top performing prediction from this package was NEE with a return of 9.59%. Other notable stocks were BIP and BKH with a return of 8.88% and 6.71%. The Utilities Stocks package had an overall average return of 3.85%, providing investors with a premium of 2.82% over the S&P 500’s return of 1.03%.

NextEra Energy, Inc. (NEE), through its subsidiaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2015, it served approximately 9.5 million people through approximately 4.8 million customer accounts in the east and lower west coasts of Florida. The company had approximately 46,400 megawatts of generating capacity. It also leases fiber-optic network capacity and dark fiber to telephone, wireless, and Internet companies. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. (NEE) in 2010. NextEra Energy, Inc. (NEE) was founded in 1984 and is headquartered in Juno Beach, Florida.

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.