Top S&P 500 Stocks

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500. It includes 20 stocks with bullish and bearish signals and indicates the best shares to buy:

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

Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 1 Month (7/26/24 – 8/26/24)
I Know First Average: 4.54%

There were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. The greatest return came from MHK at 15.34%. SWK and CBRE had notable returns of 12.59% and 8.65%. The package had an overall average return of 4.54%, providing investors with a premium of 0.51% over the S&P 500’s return of 4.03% during the same 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 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.