Top Dividend Stocks Based on Algorithmic Trading: Returns up to 14.11% in 3 Days

Top Dividend Stocks

This forecast is part of the Dividends Package, as one of I Know First’s quantitative investment solutions. We determine the best stocks carrying a dividend by screening our database daily using our advanced algorithm. The full Dividends Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Dividend stocks for the long position
  • Top 10 Dividend stocks for the short position

dividend stocks
Package Name: Dividend Stocks Forecast
Recommended Positions: Long
Forecast Length: 3 Days (8/9/2020 – 8/12/2020)
I Know First Average: 4.04%
Top Dividend Stocks
Top Dividend Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Dividend Stocks Forecast Package for the 3 Days time period. NNBR was the highest-earning trade with a return of 14.11% in 3 Days. Further notable returns came from MFC and CMA at 5.73% and 5.0%, respectively. With these notable trade returns, the package itself registered an average return of 4.04% compared to the S&P 500’s return of 0.87% for the same period.

NN, Inc., incorporated on October 12, 1993, is a diversified industrial company and a global manufacturer of high precision components and assemblies to a range of markets on a global basis. The Company’s operating segments include: the Precision Engineered Products Group and the Autocam Precision Components Group.

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.