Stocks Under 50 Dollars Based on Artificial Intelligence: Returns up to 59.34% 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 (4/28/2020 – 7/28/2020)
I Know First Average: 28.23%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

In this 3 Months forecast for the Stocks Under $50 Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. ASGN was our best stock pick this week a return of 59.34%. Further notable returns came from AAWW and AKBA at 55.15% and 48.21%, respectively. The overall average return in this Stocks Under $50 package was 28.23%, providing investors with a 16.42% premium over the S&P 500’s return of 11.81% during the same period.

On Assignment, Inc. (ASGN) provides professionals for contract, contract-to-hire, and direct hire assignments primarily in the United States, Europe, and Canada. The company operates through two segments, Apex and Oxford. The Apex segment offers technical, scientific, and creative professionals for contract, contract-to-hire, and permanent placement positions to Fortune 1000 and mid-market clients; IT operations professionals comprising IT infrastructure, application development, project management, and healthcare IT professionals; and creative, marketing, advertising, and digital professionals. It also provides contract and permanent life science professionals, which includes chemists, clinical research associates, clinical lab assistants, engineers, biologists, biochemists, microbiologists, molecular biologists, biostatisticians, drug safety specialists, SAS programmers, medical writers, food scientists, regulatory affairs specialists, lab assistants, and other skilled scientific professionals. This segment offers staffing and services support for companies from various industries, including technology, financial services, healthcare, business services, telecommunications, government services, consumer, biotechnology, pharmaceutical, food and beverage, personal care, chemical, medical device, automotive, municipal, education, and environmental industries. The Oxford segment recruits and delivers experienced IT, engineering, and regulatory and compliance consultants to clients for temporary assignments; provides permanent placements in engineering, technology, sales, executive, financial, accounting, scientific, legal, and operations positions; and offers locally-based contract and permanent life science professionals to clients in biotechnology, pharmaceutical, food and beverage, personal care, chemical, medical device, automotive, municipal, education and environmental industries. The company was founded in 1985 and is headquartered in Calabasas, 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.