Stocks Under 50 Dollars Based on Algo Trading: Returns up to 48.17% in 3 Months

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 Months (9/4/2019 – 12/4/2019)
I Know First Average: 16.91%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

During the 3 Months forecasted period several picks in the Stocks Under $50 Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. ACLS was our best stock pick this week a return of 48.17%. The suggested trades for AMKR and ABCB also had notable 3 Months yields of 41.28% and 27.0%, respectively. The package had an overall average return of 16.91%, providing investors with a 9.81% premium over the S&P 500’s return of 7.1% during the period.

Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific.

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.