Winning Stock Forecast: CCL, KSS, MT Bounced Hard in 3 Days

Kohl’s partnership with Sephora shops – 27.02 % increase in 3 days

(Source: www.wpxi.com)

On December 4, I Know First issued a 3-days winning stock forecast for KSS with a strong bullish signal of 0.29 and the predictability of 0.22. 3 days later, KSS stock rose from $36.52 to $40.90. This 27.02% surge was in line with our forecast.

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Kohl’s holds the No. 2 ranks among its peers in the Retail-Department Stores industry group in the United States. The main reason for the rise in Kohl’s stock is a long-term strategic partnership with Sephora shops. Sephora is a popular prestige brand and a proven traffic driver. The companies said that the new partnership, “Sephora at Kohl’s,” would include 2,500 square-foot Sephora shops prominently located at the front of Kohl’s stores. Sephora plans to open 200 of these stores in the fall of 2021, which will expand to at least 850 locations by 2023. There will also be a digital component to the partnership. Next fall, the Kohls.com online beauty selection will convert to be exclusively Sephora merchandise.

Kohl’s stock saw an increase in short interest from November. As of November 15th, there was short interest totaling 27,440,000 shares, an increase of 11.5% from the October 31st total of 24,600,000 shares. Based on an average trading volume of 9,440,000 shares, the short-interest ratio is presently 2.9 days. Approximately 17.6% of the company’s stock are sold short. Investors are clearly expecting a benefit for partnership with Sephora for Kohl’s stock.

CCL’s Shares: Went Up By 63.48% – Positive news from the COVID-19 vaccine lead to the revitalization of Carnival

(Source: www.caribjournal.com)

In the same winning stock forecast, I Know First also presented a bullish 3-day stock forecast for CCL. The forecast showed a signal of 0.25 and a predictability of 0.25, following which CCL stock achieved a 17.37% increase from $220.15 to $23.45.

winning stock forecast

With positive news that the COVID-19 vaccine will soon be widely available, Carnival will be able to resume normal operations, possibly as early as mid-2021. Pfizer (ticker: PFE) and BioNTech (BNTX) have announced that their Covid-19 vaccine, in development, is more than 90% effective. News that several effective vaccines are currently being produced have sparked a jump in Carnival shares together with Royal Caribbean Cruises and Norwegian Cruise Line Holdings last month, and this growth continued into early December.

According to www.fool.com, over the past month, CCL stock is up more than 70%, currently trading just over $ 23. Carnival stock rose 46% compared to the 11% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

ArcelorMittal (MT) witnessed 17.18 % increase 

(Source: www.planisware.com)

MT is right behind CCL’s increase. 3-days ago I Know First predicted a moderately bullish outlook for MT with a signal of 0.25  and a predictability of 0.19. The stock price rise to $19.43 from $21.28 in 3 weeks, increasing by 17.18%.

winning stock forecast

ArcelorMittal is the world’s largest steel producer and the future growth prospects of the company look bright with its latest approval of the European Commission for its planned acquisition of Ilva. Over the past three months, shares of ArcelorMittal (NYSE: MT) moved higher by 48.38%.

In September, Cleveland-Cliffs signed a definitive agreement with ArcelorMittal to acquire all operations of ArcelorMittal USA LLC along with its subsidiaries for around $1.4 billion. The company expects the transaction to close in December 2020 Moreover, Cleveland-Cliffs is purchasing ArcelorMittal USA’s six steel making facilities, eight finishing facilities, three coal, and coke-making operations along with two iron ore mining and pelletizing operations.

ArcelorMittal has $75.14 billion in total assets, therefore making the debt-ratio 0.21. The company has a net debt of $13.12 billion. Thus, the deal will play an important role in helping the company reduce its debt to equity capital and attract investors.

winning stock forecast

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