Top Performing Stocks Based on Stock Prediction Algorithm: Returns up to 8.4% in 7 Days

Top Performing Stocks

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the top performing S&P 500 Companies stocks:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

sp500
Package Name: S&P500 Companies
Recommended Positions: Long
Forecast Length: 7 Days (10/15/2019 – 10/22/2019)
I Know First Average: 2.58%
Top Performing Stocks
Top Performing Stocks chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the S&P500 Companies Package for this 7 Days forecast. The greatest return came from AOS at 8.4%. FAST and NVDA also performed well for this time horizon with returns of 5.48% and 4.87%, respectively. The package had an overall average return of 2.58%, providing investors with a 1.57% premium over the S&P 500’s return of 1.01% during the period.

A. O. Smith Corporation manufactures and markets a range of water heaters, boilers, and other products for residential and commercial end markets in the United States, China, Canada, Europe, and India. The company offers electric, natural gas, gas tankless, and liquid propane water heaters, as well as solar tank units for applications in residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses. It also provides residential boilers, as well as commercial boilers for space heating applications in hospitals, schools, hotels, and other commercial buildings. In addition, the company manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts. Further, it offers heat pumps, combi boilers, water treatment products, air purification products, specialty commercial water heating equipment, condensing and non-condensing boilers, and water systems tanks. The company distributes its products through independent wholesale plumbing distributors, as well as through retail channels consisting of hardware and home center chains, and manufacturer representative firms. A. O. Smith Corporation is headquartered in Milwaukee, Wisconsin.

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.