Top Stocks Based on Algorithmic Trading: Returns up to 27.96% in 1 Month

Top Stocks

This S&P 100 stocks forecast is designed for investors and analysts who need predictions for the best large cap performing stocks in the S&P100 Company Package. It includes 20 shares with bullish and bearish signals and indicates the best shares to buy:

  • Top 10 S&P100 stocks for the long position
  • Top 10 S&P100 stocks for the short position

S&P 100
Package Name: S&P 100 Stocks
Recommended Positions: Long
Forecast Length: 1 Month (8/13/24 – 9/13/24)
I Know First Average: 7.69%
Top Stocks
Top Stocks chart

There were many high performing trades and the algorithm correctly predicted 8 out of 10 trades. The greatest return came from SBUX at 27.96%. MDT and PYPL also performed well for this time horizon with returns of 10.85% and 10.46%, respectively. The package had an overall average return of 7.69%, providing investors with a premium of 2.42% over the S&P 500’s return of 5.27% 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.