Stocks Under 50 Dollars

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Stocks Under 50 Dollars stocks with bullish and bearish signals:

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

Package Name: Stocks Under $50
Recommended Positions: Long
Forecast Length: 3 Days (1/8/21 – 1/12/21)
I Know First Average: 2.8%

7 out of 10 stock prices in this forecast for the Stocks Under $50 Package moved as predicted by the algorithm. The prediction with the highest return was BOOT, at 18.94%. The suggested trades for BGFV and AMJ also had notable 3 Days yields of 7.82% and 3.23%, respectively. The package had an overall average return of 2.8%, providing investors with a premium of 2.87% over the S&P 500’s return of -0.07% during the same period.

Boot Barn Holdings, Inc. (BOOT), a lifestyle retail company, operates specialty retail stores in the United States. The company’s specialty retail stores offer western and work-related footwear, apparel, and accessories for men, ladies, and kids. It offers boots, denim, western shirts, cowboy hats, belts and belt buckles, western-style jewelry, rugged footwear, outerwear, overalls, safety-toe boots, and flame-resistant and high-visibility clothing. As of July 26, 2016, it operated approximately 210 stores in 29 states. The company also sells its products through e-commerce Websites, including bootbarn.com and sheplers.com. The company was formerly known as WW Top Investment Corporation and changed its name to Boot Barn Holdings, Inc. (BOOT) in June 2014. Boot Barn Holdings, Inc. (BOOT) was founded in 1978 and is headquartered in Irvine, California.

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.