Top Dividend Stocks Based on Algorithmic Trading: Up To 53.40% Return In 1 Month

Top Dividend Stocks

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

  • 10 best dividend stocks to long
  • 10 best dividend stocks to short

Stock Forecast

Package Name: “Dividend Stocks”
Recommended Positions: Long
Forecast Length: 1 Month (04/08/2016 – 05/08/2016)
I Know First Average: 9.31%

Top Dividend Stocks

7/10 stock picks for this mid-term forecast increased as expected and saw double-digit growth. The most impressive returns came from SID returning 53.40%, CVE returning 18.35%, VALE returning 17.44%, and MMP retuning 11.22%. The package’s overall average return was 9.31%, providing investors with an impressive advantage over the S&P 500’s 0.75% return.

Companhia Siderúrgica Nacional (SID) produces steel. The company operates through five segments including steel, mining, cement, logistics, and energy. Brazilian stocks continue to rise as the political situation in Brazil continues.

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.