Best Biotech Stocks Based On Genetic Algorithms: Up To 14.37% Return In 7 Days

Best Biotech Stocks

This Biotech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Biotechnology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to buy:

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

Package Name: Biotech Stocks
Forecast Length: 7 Days (8/25/15 – 9/1/15)
I Know First Average: 5.64%

Best Biotech Stocks

9 of the 10 stocks included in the Biotech Industry Package forecast from 8/25/15 increased in accordance with the algorithm’s prediction for the 7-day time horizon. The top performing stocks was Neurocrine Biosciences Inc. (NBIX) with returns of 14.37%. Other stocks that also posted outstanding returns were Genetic Technologies Limited (GENE) and ZIOPHARM Oncology, Inc. (ZIOP). They had returns of 9.43% and 7.93% during that time period, offering large returns to investors. Investors using the I Know First service who invested evenly in these stocks would have outperformed the S&P 500 average of 1.09% by 5.64% during the predicted time horizon.

Neurocrine Biosciences reported on August 26th its Q2 results. They have a loss of 24$ million for its second quarters but nevertheless the stock might go up because its results was higher than expectations. In fact, analysts anticipated a loss of 29 cent per share instead of 28 cent. Moreover, the company is still showing success partnering with Abbvie as they are doing clinical tests together about Elagolix drug which is now in Phase 3.

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.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.