Top S&P 500 Stocks Based on Deep Learning: Returns up to 120.75% in 1 Year
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 stocks 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 Year (8/2/20 – 8/2/21)
I Know First Average: 45.04%
9 out of 10 stock prices in this forecast moved as predicted by the algorithm. The top-performing prediction in this forecast was AMAT, which registered a return of 120.75%. Further notable returns came from HPQ and IP at 65.76% and 65.31%, respectively. The package saw an overall yield of 45.04% versus the S&P 500’s return of 34.12% implying a market premium of 10.92%.
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.