Top Stock Picks Based on Algorithms: Return up to 76.30% in 7 Days

Top Stock Picks

This Basic Industry Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Basic Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Package Name: Basic Industry
Forecast Length: 7 Days (04/06/16 – 04/13/16)
I Know First Average: 16.53%

Top Stock Picks

As predicted by the algorithm, 9 out of 10 top stocks for this forecast increased during the 7-day period. SID excelled this week with a return of 76.30%. GGB, X, and GBX also had impressive performances each returning 31.28%, 17.12%, and 16.44% respectively. The package had a good performance overall as well with an average return of 16.53% compared to the S&P 500’s 1.82% growth.

Companhia Siderúrgica Nacional (SID) is the second major steelmaker company in Brazil. Its main plant is located in the city of Volta Redonda, in the state of Rio de Janeiro. As Brazil’s economy continues to suffer a recession, hope for political reform is bringing hope for a revitalized economy and is bringing investor interest in Brazilian stock.

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.