Top Small Cap Stocks

This stock market forecast includes the best stocks determined by the algorithm with a market capitalization of less than a billion dollars.

• 10 Best Small Cap stocks for the long position
• 10 Best Small Cap stocks for the short position

Package Name: Small Cap Stocks to Buy
Recommended Positions: Long & Short
Forecast Length: 14 Days (7/10/15 – 7/24/15)
I Know First Average: 4.95% Long; 6.74% Short

The top 10 stocks for both the long and the short position were included in the 14 day forecast from (7/10/15) that was part of the Small Cap Stocks to Buy package. EXEL had the best performance during the predicted time horizon with a remarkable return of 62.97%. Other stocks with impressive performances during the time horizon were ATV and GSH with positive returns of 21.68% and 10.95% respectively.

Exellixis Inc. (EXEL), a US based biopharmaceutical company that develops and sells small molecule therapies for the treatment of cancer, saw its share soar on July 20th by more than 50% following news of the release of positive phase 3 trial data from a test of its cancer drug cabozantinib (Cometriq) against everolimus (Afinitor), which shows the former significantly improved patients’ chances of survival or prevented their cancer from worsening compared to the latter.

For the short position, CLF offered the largest returns to investors who shorted the stock during the predicted time period with a negative return of 24.77%. Cliffs Natural Resources Inc. (CLF), a mining and natural resources company, produces iron ore and metallurgical coal. Shares of CLF plunged to a 12-year low on July 22^nd after BHP Billiton (BHP) said that iron-ore production would increase during its fiscal 2016 year –just what the market for iron ore does not need.

The average returns for the long and short positions were 4.95% and 6.74%, both of which easily beat the S&P 500 average return of 1.38% during the same time period.

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.