Top S&P 500 Stocks Based on Pattern Recognition: Returns up to 21.51% in 1 Month
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 (11/24/23 – 12/25/23)
I Know First Average: 11.79%
I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades for the 1 Month time period. The highest trade return came from COF, at 21.51%. Other notable stocks were CRL and ZBRA with a return of 21.18% and 19.28%. This algorithmic forecast package presented an overall return of 11.79% versus the S&P 500’s performance of 4.35% providing a market premium of 7.44%.
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.