Top 5 Stocks Based on Artificial Intelligence: Returns up to 12.35% in 14 Days

Top 5 Stocks

This forecast is part of the Top 5 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 10 stocks with bullish and bearish signals:

    • Top 5 stocks pick for the long position
    • Top 5 stocks pick for the short position


Package Name: Top 5 Stocks
Recommended Positions: Long
Forecast Length: 14 Days (06/02/2019 – 06/16/2019)
I Know First Average: 6.53%
Top 10 Stocks

This Top 5 Stocks Package forecast had correctly predicted 5 out of 5 stock movements. The top performing prediction from this package was MHK with a return of 12.35%. CPA, and SBS had notable returns of 7.41% and 5.70%. The package’s overall average return was 6.53%, providing investors with a 1.63% premium over the S&P 500’s return of 4.90% during the same period.

Mohawk Industries, Inc. (MHK) designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products. This segment markets and distributes its products under the American Olean, Daltile, KAI, Kerama Marazzi, Marazzi, and Ragno brands. The Flooring NA segment offers product lines in a range of colors, textures, and patterns, including carpets, rugs, and carpet pads; hardwood and laminate products; and vinyl products, such as luxury vinyl tiles. This segment markets and distributes its flooring products under the Aladdin, Bigelow, Columbia Flooring, Durkan, Horizon, IVC, Karastan, Lees, Mohawk, Pergo, Portico, QuickStep, and SmartStrand brands. The Flooring ROW segment provides laminate and hardwood flooring, as well as roofing elements, insulation boards, medium-density fiberboards, chipboards, and vinyl flooring products under the IVC, Moduleo, Pergo, Quick-Step, and Unilin brands; and licenses patents related to flooring manufacturers. The company sells its products through independent distributors, home center retailers, independent and individual floor covering retailers, ceramic specialists, commercial contractors, commercial end users, mass merchandisers, department stores, shop at home, buying groups, retailers, and wholesalers, as well as private labeling programs. Mohawk Industries, Inc. (MHK) was founded in 1988 and is headquartered in Calhoun, Georgia.

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 5 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.