Top Stock Picks Based on Deep-Learning : Returns up to 16.89% in 1 Month

Top Stock Picks

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 40 top stock picks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 20 S&P 500 stocks for the long position
  • Top 20 S&P 500 stocks for the short position

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Package Name: S&P 500 Companies
Recommended Positions: Long
Forecast Length: 1 Month (8/23/2019 – 9/23/2019)
I Know First Average: 3.29%
Top Stock Picks
Top Stock Picks chart

I Know First’s State of the Art Algorithm accurately forecasted 15 out of 20 trades in this S&P 500 Companies Package for the 1 Month time period. The highest trade return came from URI, at 16.89%. Additional high returns came from LRCX and MU, at 13.2% and 10.76% respectively. The overall average return in this S&P 500 Companies package was 3.29%, providing investors with a 0.94% premium over the S&P 500’s return of 2.35% during the same period.

United Rentals, Inc. (URI), through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools. This segment serves construction and industrial companies, manufacturers, utilities, municipalities, and homeowners. The Trench, Power, and Pump segment is involved in the rental of specialty construction products, including trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and HVAC equipment, which consists of portable diesel generators, electrical distribution equipment, and temperature control equipment; and pumps primarily used by energy and petrochemical customers. It serves construction companies involved in infrastructure projects, municipalities, and industrial companies. The company also sells new equipment, such as aerial lifts, reach forklifts, telehandlers, compressors, and generators; contractor supplies, including construction consumables, tools, small equipment, and safety supplies; and parts for equipment that are owned by the company’s customers, as well as provides repair and maintenance services. It sells its used equipment through its sales force, brokers, and Website, as well as at auctions and directly to manufacturers. As of February 18, 2016, the company operated 897 rental locations in the United States and Canada. United Rentals, Inc. (URI) was founded in 1997 and is headquartered in Stamford, Connecticut.

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 20 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.