Mega Cap Stocks

This stock market forecast includes the best Mega Cap Stocks determined by the algorithm with a market capitalization of more than $100 billion.

• Top 10 Mega Cap stocks for the long position
• Top 10 Mega Cap stocks for the short position

Package Name: Mega Cap Forecast
Recommended Positions: Long
Forecast Length: 1 Month (6/12/23 – 7/12/23)
I Know First Average: 5.62%

During the 1 Month forecasted period several picks in the Mega Cap Forecast Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. ADBE was the top performing prediction with a return of 11.75%. TSLA and AVGO had notable returns of 11.29% and 10.61%. The package’s overall average return was 5.62%, providing investors with a 1.59% premium over the S&P 500’s return of 4.03% during the same period.

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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.