Top Dividend Stocks Based on Algorithmic Trading: Returns up to 20.45% in 7 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: 7 Days (7/25/22 – 8/1/22)
I Know First Average: 6.06%
Top Dividend Stocks
Top Dividend Stocks chart

The algorithm correctly predicted 9 out of 10 the suggested trades in the Dividend Stocks Forecast Package for this 7 Days forecast. X was the top performing prediction with a return of 20.45%. Further notable returns came from PYPL and DE at 9.27% and 8.3%, respectively. The overall average return in this Dividend Stocks Forecast package was 6.06%, providing investors with a 2.10% premium over the S&P 500’s return of 3.96% during the same period.

United States Steel Corporation (X) operates as an integrated steel producer. The Company manufactures flat-rolled and tubular products with production operations in North America and Europe. United States Steel serves the automotive, appliance, container, industrial machinery, construction, and oil and gas industries.

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.