Best Robinhood Stocks Based on Deep Learning: Returns up to 20.26% in 7 Days

Best Robinhood Stocks

This forecast is part of the Robinhood Trades Package, one of I Know First’s algorithmic trading tools. The full investment universe includes the most traded stocks by Robinhood stock trading platform users. Based on it, I Know First AI Algorithm identifies the most promising stocks and produces forecasts that include:

  • Top 10 stocks from Robinhood Trades for the long position
  • Top 10 stocks from Robinhood Trades for the short position

Robinhood Trades Forecast
Package Name: Robinhood Trades
Recommended Positions: Long
Forecast Length: 7 Days (7/10/23 – 7/17/23)
I Know First Average: 9.93%
Best Robinhood Stocks
Best Robinhood Stocks chart

During the 7 Days forecasted period several picks in the Robinhood Trades Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. PLUG was the highest-earning trade with a return of 20.26% in 7 Days. WKHS and DKNG had notable returns of 17.49% and 17.22%. The package’s overall average return was 9.93%, providing investors with a 7.11% premium over the S&P 500’s return of 2.82% during the same period.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of hydrogen fuel cell systems primarily for the material handling and stationary power markets in the United States. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

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.

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