5 Dollar Stocks: up to 59.78% Return in Seven Days

5 Dollar Stocks

This forecast is part of the “Stocks Under 5 Dollars” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short24 07 2013 10 48 51 Best Investments Based on Algorithms: 8.19% Gain in 14 Days

Package Name: Stocks Under 5 Dollars
Recommended Positions: Long
Forecast Length: 7 Days (7/13/2015 – 7/20/2015)
I Know First Average: 15.21%

5 Dollar Stock

 In the Stocks Under 5 Dollar Forecast forecast from 7/13/2015, EXEL was the top performing stock with an extraordinary return of 59.78% 7-day time horizon. 

Exelixis, Inc. (EXEL) is an American based bio-pharmaceutical company which develops and sells small molecule therapies for cancer treatment. Exelixis shares soured in premarket trading on Monday (20th) as a result of  the company reporting positive results in a late-stage trial of a kidney cancer drug. Exelixis claims that the new drug, Cabozantinib, reduces the risk of disease progression or death by 42 percent. Kidney cancer is one of the top ten most common forms of cancer among men and women, according to the American Cancer Society. Exelixis shares are up 171% in the year so far, by contrast, the S&P has gained 3.3% in the same time period.

Investors could also have made outstanding returns from ATV and DRYS, which were all part of the top 10 stocks for the forecast. They increased by 50.55% and 20.89% respectfully, whilst six of the ten stocks offered gains larger than 5%.

Acorn International, Inc. (ATV) is a Chinese marketing company listed on the New York Stock Exchange. Back in March, the NYSE issued a compliance warning to ATV regarding the minimum share price criteria for continued listing of the company’s American depositary shares (ADS). As of June 30th, they have regained compliance with the minimum share price criteria required by the NYSE and their share prices have risen accordingly.

Dry Ships Inc. (DRYS) provides ocean transportation services for dry-bulk and petroleum cargoes, and offshore deep-water drilling services. Their operating costs have clearly been cut due to the current low oil prices which in turn positively effected their shares. DRYS moved the most on July 16th with the company seeing shares rise more than 11% on the day. The volume of shares traded was noticeably high with far more shares changing hands than normal. This reverses recent downward trends for the company – the stock is now down 10.14% in the latest one-month time frame.

The average return of the forecast was an amazing 15.21%, offering a large premium of 12.72% over the S&P 500 return of 2.49% to investors using the I Know First service.

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.