Value Stocks Based on Artificial Intelligence: Up To 33.17% Return in 30 Days
Value 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 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
- S&P 500 forecast
Package Name: Top 10 Stocks
Forecast Length: 1 Month (9/29/2015 – 10/29/2015)
I Know First Average: 14.37%
Nine out of the ten stocks included in the Top 10 Stocks forecast from 9/29/15 increased in accordance with the algorithm’s prediction for the 30 days time horizon. The top performing stocks were AMGN and REGN with returns of 21.43% and 23.36%, respectively. Investors using the I Know First service who invested evenly in these stocks would have returned 14.37%, compared to the S&P 500 return of 11.03% during the same time period.
Huntsman, this forecasts top performer, experienced huge growth mostly due to a stock buyback agreement deal with Citibank, as well as a reported increase in net operating cash flow. Furthermore, Amgen, another top performer, posted incredible Q3 results. The pharmaceutical company experienced a 14% sales growth, to $5.72 billion compared to a Wall Street estimate of $5.33 billion. Much of the sales growth came from the anti-inflamatory drug Enbrel, which has grown 30% over the last year, as well as new drugs such as Kyprolis, which treats multiple myeloma. Furthermore, Amgen has had six new FDA approvals in the past year.
a 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.
