Top Stock Picks Based on Artificial Intelligence: Returns up to 14.06% in 1 Month
Top Stock Picks
This Top Stock Picks forecast is designed for investors and analysts who need predictions for the best large cap performing stocks in the S&P100 Company Package (see S&P100 Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best S&P100 Companies stocks to buy:
- Top 10 S&P100 stocks for the long position
- Top 10 S&P100 stocks for the short position
Package Name: S&P 100 Stocks
Recommended Positions: Long
Forecast Length: 1 Month (10/18/24 – 11/19/24)
I Know First Average: 7.9%
During the 1 Month forecasted period several picks in the S&P 100 Stocks Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. The greatest return came from WFC at 14.06%. BKNG and COF also performed well for this time horizon with returns of 13.87% and 13.3%, respectively. The overall average return in this S&P 100 Stocks package was 7.9%, providing investors with a 6.61% premium over the S&P 500’s return of 1.29% during the same period.
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.