Swing Trading Based on Artificial Intelligence: Returns up to 55.7% in 1 Year
Swing Trading
Swing Trading: This Utilities Stocks forecast is designed for investors and analysts who need predictions of the best utilities stocks to buy for the whole Industry. It includes 10 stocks with bullish and bearish signals and indicates the best utilities stocks to buy:
- Top 10 Utilities stocks for the long position
- Top 10 Utilities stocks for the short position
Package Name: Utilities Stocks
Recommended Positions: Long
Forecast Length: 1 Year (3/10/24 – 3/10/25)
I Know First Average: 24.89%
I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Utilities Stocks Package for the 1 Year time period. ETR was our best stock pick with a return of 55.7%. NI and NRG followed with returns of 42.61% and 39.67% for the 1 Year period. This algorithmic forecast package presented an overall return of 24.89% versus the S&P 500’s performance of 9.58% providing a market premium of 15.31%.
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.