Top Stock To Buy: Up to 33.13% Return in 7 Days

Top Stock To Buy

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stock picks by screening our database daily for higher volatility stocks that present more opportunities, but are also more risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks picks that best fit for long position
  • top ten aggressive stocks picks that best fit for short position
  • top ten conservative stocks picks that best fit for long position
  • top ten conservative stocks picks that best fit for short position

Package Name: Risk-Conscious
Forecast Length: 7 Days (10/2/2015 – 10/9/2015)
I Know First Average: 17.81%

Top Stock To Buy

I Know First’s 7 -day forecast from the Risk-Conscious package nine out of the ten stocks increase in accordance with the algorithm’s prediction. MT performed well, returning 33.13% during the time horizon as the algorithm indicated. Likewise,  BGC and GGB were also included in the top 10 picks of the Aggressive Stocks forecast and had strong returns of 29.20% and 29.71% over 7 days. The average return of 17.81% during the forecasted time horizon outperformed the S&P 500 return of 4.73% during the same time.

ArcelorMittal SA (MT) is a steel and mining company. The 10.52BCompany and IMETAL, an Algerian state-owned company,on October 7, 2015,have reached an outline agreement for the restructuring of the shareholding of the companies ArcelorMittal Algeria, ArcelorMittal Pipes and Tubes Algeria and ArcelorMittal Tébessa.  This last session’s volume of 19.72Million shares was higher than its average volume of 9.21 Million shares.

Algorithmic traders utilise 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.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast