Top Stocks To Buy

This forecast is part of the “Stocks Under 10 Dollars” 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

Package Name: Stocks Under 10 Dollars
Forecast Length: 14 Days (8/23/2015 – 9/6/2015)
I Know First Average: 12.58%

I Know First’s 14-day forecast from the Stock Under 10 dollars package had 8 out of the 10 stocks increase in accordance with the algorithm’s prediction. MTL performed extremely well, returning 54.79% during the time horizon as the algorithm indicated. Likewise, ACI and DPW were also included in the top 10 picks of the Stocks Under 10$ forecast and had strong returns of 40.52% and 33.85% over 14 days. The average return of 12.58% during the forecasted time horizon outperforming the S&P 500 return of 4.35% during the same time.

Mechel (MTL) is a Russian mining and metals company which has its facilities in Russia, Ukraine and Lithuania. Mechel has 20 production firms under its name within a unique production chain. Its stock has climbed at the end of August when the company announced that they will restructure their loan. On August 31th, they found an agreement with Gazprombank, its largest creditor, to increase the maturity of $2 billion loans. This is very positive for the company as they might avoid the bankruptcy.

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 algorithmic traders.

How to interpret this diagram

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