Top Stock Picks Based on Machine Learning: Returns up to 18.48% 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 20 stock picks with bullish and bearish signals and indicates the best S&P 500 Companies stocks to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

sp500
Package Name: S&P500 Companies
Recommended Positions: Long
Forecast Length: 1 Month (8/6/2019 – 9/6/2019)
I Know First Average: 8.64%
Top Stock Picks
Top Stock Picks chart

In this 1 Month forecast for the S&P500 Companies Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. The prediction with the highest return was NVDA, at 18.48%. Additional high returns came from WDC and MU, at 17.99% and 16.76% respectively. The package itself saw an overall return of 8.64%, providing investors with a 3.93% premium above the S&P 500’s return of 4.71% for the same time period.

NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications

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.