Undervalued Stocks Based on Algorithms: Up To 45.45% Return In 7 Days

Undervalued 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: 7 Days (04/10/2016 – 04/17/2016)
I Know First Average: 9.13%

undervalued stocks

The algorithm correctly forecasted 8 out of  10 stocks in this package to increase for the 7-days time period from April 10th. The S&P 500 increased by 1.62%. The top performing stock in the package was SID with an amazing 45.45% return, followed by GGB with returns of 19.46%. The overall return for the package was 9.13%, offering I Know First a premium over the S&P 500’s slight stumble.

Companhia Siderúrgica Nacional (SID) produces steel. The company operates through five segments including steel, mining, cement, logistics, and energy. The company primarily produces carbon steel and various steel products for the distribution, packaging, automotive, home appliance, and construction industries. The company’s steel products include slabs, which are semi-finished products used for processing hot-rolled, cold-rolled or coated coils, and sheet products.

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.