Best Dividend Stocks Based on a Self-learning Algorithm: Returns up to 30.92% in 14 Days

February 28, 2024

Best Dividend Stocks

This forecast is part of the Dividends Package, as one of I Know First’s quantitative investment solutions. We determine the best stocks carrying a dividend by screening our database daily using our advanced algorithm. The full Dividends Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Dividend stocks for the long position
  • Top 10 Dividend stocks for the short position

dividend stocks
Package Name: Dividend Stocks Forecast
Recommended Positions: Long
Forecast Length: 14 Days (2/13/24 – 2/27/24)
I Know First Average: 3.7%
Best Dividend Stocks
Best Dividend Stocks chart

In this 14 Days forecast for the Dividend Stocks Forecast Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. PEGA was the highest-earning trade with a return of 30.92% in 14 Days. Further notable returns came from CROX and LCUT at 10.0% and 5.28%, respectively. This algorithmic forecast package presented an overall return of 3.7% versus the S&P 500’s performance of 1.12% providing a market premium of 2.58%.

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.

Dividend Stocks Forecast