Top Biotech Stocks Using Artificial Intelligence: Up To 17.53% Return In 3 Days

Top Biotech Stocks Using Artificial Intelligence

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: 3 Days (8/25/15 – 8/28/15)
I Know First Average: 12.15%

Top Biotech Stocks Using Artificial Intelligence

All ten stocks included in the Biotech Industry Package forecast from 8/25/15 increased in accordance with the algorithm’s prediction for the 3-day time horizon. The top performing stocks wereAlnylam Pharmaceuticals, Inc. (ALNY) andLigand Pharmaceuticals Incorporated (LGND), with returns of 17.53% and 14.26% respectively. Other stocks that also posted outstanding returns were Kite Pharma (KITE), Neurocrine Biosciences, Inc. (NBIX), and ZIOPHARM Oncology, Inc. (ZIOP). They had returns of 13.99%, 13.44%, and 13.22% 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 5.05% by 7.10% during the predicted time horizon.

The pharmaceutical company, Alnylam Pharma (ALNY), was a beneficiary of the bounce back in the biotech market. Analysts at Piper Jaffray announced that Alnylam Pharma was one of the biotech stocks it was buying on weakness, pointing out the $1.4 billion in cash the company has. Further, its key drugs patisiran and revusiran in Phase II testing with updates expected during the upcoming quarter.

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.

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