Undervalued Stocks

This Retail Stocks forecast is designed for investors and analysts who need predictions for the best undervalued 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: 7 Days (7/29/2020 – 8/5/2020)
I Know First Average: 9.48%

In this 7 Days forecast for the Retail Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The greatest return came from OSTK at 60.78%. Additional high returns came from BGFV and BBBY, at 32.89% and 13.72% respectively. The package had an overall average return of 9.48%, providing investors with a premium of 6.08% over the S&P 500’s return of 3.4% during the same period.

Overstock.com, Inc. operates as an online retailer in the United States. The company operates through two segments, Direct and Partner. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

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.