Undervalued Stocks Based on Deep Learning: Returns up to 56.92% in 14 Days

Undervalued 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 undervalued 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 (8/25/2019 – 9/9/2019)
I Know First Average: 16.34%
Undervalued Stocks
Undervalued Stocks chart

In this 14 Days forecast for the Retail Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. PIR was the top performing prediction with a return of 56.92%. LL and FRAN saw outstanding returns of 36.52% and 26.78%. With these notable trade returns, the package itself registered an average return of 16.34% compared to the S&P 500’s return of 4.61% for the same period.

Pier 1 Imports, Inc. (PIR) engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products. It offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrance, gifts, and seasonal items. The company also provides furniture and furniture cushions that are used in living, dining, office, kitchen and bedroom areas, sunrooms, and patios. Further, it supplies merchandise and licenses the Pier 1 Imports name. The company sells its products through retail stores and e-Commerce Website. As of February 27, 2016, the company operated 953 stores in the United States and 79 stores in Canada. Pier 1 Imports, Inc. (PIR) was founded in 1970 and is headquartered in Fort Worth, Texas.

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.