Top S&P 500 Stocks Based on Algorithmic Trading: Returns up to 19.07% in 7 Days

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 (See S&P 500 Companies Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

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

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Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 7 Days (12/29/20 – 1/5/21)
I Know First Average: 4.81%
Top S&P 500 Stocks
Top S&P 500 Stocks chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the package for this 7 Days forecast. The greatest return came from FLIR at 19.07%. The suggested trades for FANG and DXC also had notable 7 Days yields of 12.68% and 11.72%, respectively. With these notable trade returns, the package itself registered an average return of 4.81% compared to the S&P 500’s return of -0.23% for the same period.

FLIR Systems, Inc. develops, designs, manufactures, and markets thermal imaging systems, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company operates in six segments: Surveillance, Instruments, Security, OEM and Emerging Markets, Maritime, and Detection. The company was founded in 1978 and is headquartered in Wilsonville, Oregon.

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.