Top Ten Stocks Based on Quant Trading: Up To 56.07% Return In 1 Month

Top Ten Stocks

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 daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Top 10 Stocks
Forecast Length: 1 month (02/21/2016 – 03/21/2016)
I Know First Average: 21.29%

Top Ten Stocks

The algorithm correctly forecasted 9 out of  10 stocks in this package to increase for 1 month time period from March 21st. The S&P 500 was forecasted to decrease and it rose by 6.98%. The top performing stock in the package was XPO  with an outstanding 12.90% return in 3 days. The overall return for the package was 5.03%, offering I Know First a premium over the S&P 500’s stunted growth. 5 stocks out of the package returned more than 7% for the month period.

According to the company website, XPO Logistics, Inc. is a US corporation and a provider of supply chain services in 32 countries. The company has annual revenue of approximately $15 billion, with more than 1,450 locations and a workforce of over 84,000 employees. The logistics company’s boom in stock price is likely explained by the recent contract deal with Northampton, England-based frozen food retailer, Iceland.

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.

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