Top Stock Picks

This Retail Stocks forecast is designed for investors and analysts who need predictions for the top stock picks to invest in the retail estate sector (see Retail Stocks Package). It includes 20 stocks with bullish and bearish signals:

• Top 10 Retail stocks for the long position
• Top 10 Retail stocks for the short position

Package Name: Retail Stocks
Recommended Positions: Long
Forecast Length: 1 Month (8/28/2020 – 9/28/2020)
I Know First Average: 3.38%

6 out of 10 stock prices in this forecast for the Retail Stocks Package moved as predicted by the algorithm. The top performing prediction from this package was HIBB with a return of 28.31%. SIG and RUTH followed with returns of 15.35% and 14.99% for the 1 Month period. The Retail Stocks package had an overall average return of 3.38%, providing investors with a premium of 7.20% over the S&P 500’s return of -3.82%.

Hibbett Sports, Inc., incorporated on January 4, 2007, operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states. The Company offers convenient locations and an assortment of brand name footwear, apparel, accessories and athletic equipment. The Company operates under various brands, such as Nike, Under Armour, Reebok, adidas, Easton and The North Face.

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.