Top Stocks

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 3 Days (7/12/2020 – 7/16/2020)
I Know First Average: 3.63%

The algorithm correctly predicted 10 out 10 of the suggested trades in the Stock Forecast & S&P500 Forecast Package for this 3 Days forecast. The greatest return came from LII at 5.79%. Further notable returns came from TMHC and NLY at 5.67% and 5.27%, respectively. The Stock Forecast & S&P500 Forecast package had an overall average return of 3.63%, providing investors with a premium of 2.67% over the S&P 500’s return of 0.96%.

Lennox International Inc. designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets. The company operates in three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts for residential replacement and new construction markets. The Commercial Heating & Cooling segment offers rooftop units, split system/air handler combinations, small package units, chillers, and fan coils for commercial buildings, shopping malls, other retail and entertainment buildings, institutional, and other field-engineered applications. This segment also engages in the installation and service of commercial heating and cooling equipment. The Refrigeration segment offers condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, and supermarket display cases and systems for light commercial, food preservation, and non-food/industrial markets. The company sells its products and services directly, as well as through distributors, and company-owned parts and supplies stores. It operates in the United States, Canada, Europe, the Asia Pacific, and South America. Lennox International Inc. was founded in 1895 and is headquartered in Richardson, Texas.

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.