Top Canadian Stocks based on Predictive Algorithm: Return up to 39.80% in 14 Days

Top Canadian Stocks

The Canadian Stock Forecast is part of the “Canadian Stocks” package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top ten Canadian stocks pick to long
  • Top ten Canadian stocks pick to short

Package Name: Canadian Stocks
Recommended Positions: Long
Forecast Length: 14 Days (01/21/2016 – 02/04/2016)
I Know First Average: 15.06%

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Top Canadian Stocks

The I Know First predictive algorithm correctly forecasted 10 out of 10 stocks for the 14-day time horizon in the Canadian Stocks package this week. Canadian National Resources (CNQ) was the top performer for the long position, returning 39.80%. This package returned an average of 15.06%, outperforming the S&P 500’s 3.02% return.

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). Although oil prices have been damaging to stock prices for oil giants across the board, CNQ has shown potential to see a longer-term oil price recovery if it can hold steady during this period.

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 algorithmic traders.

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Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.