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:

• 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: 3 Months (5/17/2020 – 8/18/2020)
I Know First Average: 32.56%

For this 3 Months forecast the algorithm had successfully predicted 10 out of 10 movements. The prediction with the highest return was ABMD, at 69.37%. ALGN and URI saw outstanding returns of 50.28% and 48.91%. This package had an overall average return of 32.56%, providing investors with a premium of 14.19% over the S&P 500’s return of 18.37%.

ABIOMED, Inc. engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart. It also provides continuum of care to heart failure patients.

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.