Strong Buy Stocks Based on a Self-learning Algorithm: Returns up to 17.18% in 14 Days
Strong Buy Stocks
This Strong Buy Stocks forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:
- Top 10 stocks pick for the long position
- Top 10 stocks pick for the short position
Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 14 Days (7/18/21 – 8/2/21)
I Know First Average: 7.19%
For this 14 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The top-performing prediction in this forecast was AN, which registered a return of 17.18%. ALB and ALGN followed with returns of 14.52% and 13.61% for the 14 Days period. The package saw an overall yield of 7.19% versus the S&P 500’s return of 1.39% implying a market premium of 5.80%.
AutoNation, Inc. (AN), through its subsidiaries, operates as an automotive retailer in the United States. The company operates in three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance services, and wholesale parts and collision services. The company also provides automotive finance and insurance products comprising vehicle services and other protection products, and arrangement of finance for vehicle purchases through third-party finance sources. The company was founded in 1991 and is headquartered in Fort Lauderdale, 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.