Stocks to Watch Based on Genetic Algorithm: Up to 67.95% in 14 Days

Stocks to Watch

This Bank Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for a specific industry: Best Bank Stocks. It includes 20 stocks with bullish and bearish signals and indicates the best bank stocks to buy:

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

Package Name: Bank Stocks
Recommended Positions: Long
Forecast Length: 14 Days (12/20/15 – 01/03/16)
I Know First Average: 7.21%

Stocks To Watch

The top 10 stocks for the long position were included in the 14 Days forecast from 12/20/2015 that was part of the Bank Stocks package. For the long position, Resource America Inc. had the best performance during the predicted time horizon with an outstanding return of 67.95%. Universal Insurance Holdings also had a respectable return of 11.44% for the 14 Days time period. The average I Know First returns for the long position was 7.21%.

Resource America Inc. (REXI) is an asset management company operating, through its subsidiaries, in three segments: Financial Fund Management; Real Estate; and Equipment Finance. The company recently announced that it will be paying a cash dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock for the period from October 31, 2015 through January 20, 2016 for the amount of $0.53125 per share. The dividend will be payable on February 1, 2016 to holders of record on January 4, 2016.

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.