Top Stock Picks Based On Big Data: Up To 21.28% Return In 1 Month

Top Stock Picks Based On Big Data

Package Name: Tech Stocks
Forecast Length: 1 Month (8/23/15 – 9/23/15)
I Know First Average: 4.36% (Long) & 4.01% (Short)

Top Stock Picks Based On Big Data

The Tech Stocks Package forecast from 8/23/2015 included the top 10 stocks for both the long and short positions. The most impressive stock for the long position was JKS with a return of 21.28%. Other top performing stocks from the forecast were CRNT and LNKD with solid returns of 20.44% and 9.67% respectively. For the short position, the top performing stock was CRS which decreased 16.98% as the algorithm correctly predicted. The average return for the long position was 4.36%, while the average return for the short position was 4.01%. These average returns significantly outperformed the S&P 500 return of -1.63% during the same time horizon.

JinkoSolar Holding Co., Ltd. (JKS) is a solar power product manufacturer. The Company has built a vertically integrated solar power product value chain from recovered silicon materials to solar modules. The stock price has fallen roughly 30% over the past year, even after the recent rally that the algorithm correctly predicted as Chinese stocks crashed about a month ago. The algorithm correctly identified this stock as having become undervalued, and the stock price bounced back in accordance with this prediction.

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 algorithmic traders.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.