Top Stocks Based On Algorithms: Up To 19.58% Return In 7 Days

Top Stocks Based On Algorithms

This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 7 Days (8/25/2015 – 9/1/2015)
I Know First Average: 5.12%

Get the “Top 10 Stocks”-Package

Top Stocks Based On Algorithms

Seven out of the 10 stocks included in the Top 10 Stocks forecast from 08/25/15 increased accordance with the algorithm’s prediction for the 7 days time horizon. The top performing stock was Atmel Corporation (ATML) with immense return of 19.58%. Superior Energy Marathon Oil Corporation (MRO) and Devon Energy Corporation (DVN) also posted outstanding returns of 17.10% and 5.91% during that time period, offering large returns to investors. Investors using the I Know First service who invested evenly in these stocks would have outperformed the S&P 500 average of 1.09% by 4.03% during the predicted time horizon.

Atmel Corporation is a semiconductors  producer and designer firm founded in 1984. The company stated that it will be extending the date of retirement of its CEO Steve Laub, this being a massive boost to the electronic giants. In May, the company announced that Laub would be retiring on August 31, ending his nine year tenure as the company’s head. The extension of Laub service will keep him in charge to facilitate the completion of the its ongoing strategic evaluation process.

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.

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