Gina Guinasso is a Financial Analyst at I Know First.
U.S. Steel Stock Forecast
The I Know First’s Stock Forecasting Algorithm accurately predicted a buy position for the U.S. Steel Corporation (X) over a 14 day time period starting July 4th, returning 18.88%, significantly outperforming the S&P 500 which returned a mere 3.04%.
Plug Power Inc. (PLUG), an alternative energy technology provider, is engaged in the design, development, manufacturing and commercialization of fuel cell systems for the industrial off-road markets worldwide. Plug Power uses cost-effective solutions to increase productivity, lower operating costs and reduce carbon footprints. Its signature solution, GenKey, provides an all-inclusive package for customers, incorporating GenFuel hydrogen and fueling infrastructure, GenCare aftermarket service and either GenDrive or ReliOn fuel cell systems. Plug Power set for large growth in 2015 Last year was a turning point for Plug Power, as the launch of GenKey, strong sales growth and promising new market initiatives set the company up for an exciting 2015. Sales have soared over the last few quarters on strong demand for its GenKey product, an integrated suite of GenDrive fuel cells and services, but the company sometimes has to contend with choppy revenue recognition. The company’s executives announced lower revenue projections than it was expecting, with the latest revenue projections for 2015 at $100 million. Previous estimates put the revenue projections for the year closer to $120 million.
Stock Forecast based on Algorithms: This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:
top ten stocks picks to long
top ten stocks picks to short
S&P 500 forecast
Package Name: Top 10 Stocks to Buy Recommended Positions: Long Forecast Length: 1 month (10/26/2014 - 11/26/2014) I Know First Average: 7.42% Get the "Top 10 Stock Picks" Package.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
