Top Stocks

This Retail Stocks forecast is designed for investors and analysts who need predictions for the best stocks to invest in the retail estate sector (see Retail Stocks Package). It includes 20 stocks with bullish and bearish signals:

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

Package Name: Retail Stocks
Recommended Positions: Long
Forecast Length: 14 Days (11/25/2020 – 12/9/2020)
I Know First Average: 4.98%

This Retail Stocks Package forecast had correctly predicted 8 out of 10 stock movements. The top performing prediction from this package was JWN with a return of 29.39%. The suggested trades for KSS and M also had notable 14 Days yields of 18.45% and 7.46%, respectively. With these notable trade returns, the package itself registered an average return of 4.98% compared to the S&P 500’s return of 1.03% for the same period.

Nordstrom, Inc. (JWN), a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; and other retail channels, including Trunk Club showrooms and TrunkClub.com, Jeffrey boutiques, and clearance store that operates under the name Last Chance. The Credit segment operates Nordstrom fsb, a federal savings bank, which provides a private label credit card, two Nordstrom VISA credit cards, and a debit card. Its credit and debit cards feature a shopping-based loyalty program. As of October 21, 2016, the company operated 346 stores in 40 states, including 123 full-line stores in the United States and Canada; 213 Nordstrom Rack stores; 2 Jeffrey boutiques; and 2 clearance stores. Nordstrom, Inc. (JWN) also sells its products through catalogs. The company was founded in 1901 and is based in Seattle, Washington.

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.