Best Tech Stocks: Returns Of Up To 31.14% In One Week
Best Tech Stocks
This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:
- Top 10 tech stocks for the long position
- Top 10 tech stocks for the short position
Package Name: Tech Stocks
Recommended Positions: Long & Short
Forecast Length: 7 Days (7/27/15 – 8/03/15)
I Know First Average: 2.89% Long; 2.15% Short
The top 10 stocks for both the long and the short position were included in the Tech Stocks package forecast from 07/28/15 that was part of theTech Stocks package. For the long position AMD had the best performance during the predicted time horizon with a remarkable return of 31.14%. Other stocks (long) with notable performances during the time horizon were EBIX with returns of 6.54%. For the short position SFLY had the best performance during the predicted time horizon with a remarkable return of 8.87% (short). Other stocks (short) with impressive performances during the time horizon were SINA and CAMP with returns of 8.37% and 6.45%.
Advanced Micro Devices is a semi-conductor supplier whose headquarter is in Californie. Although, Advanced Micro Devices has been under performing, the diversification into the gaming market via producing new GPUs and the potential talks of a take over are fueling the now rising stock prices.
Shutterfly (SFLY) is an American company which offer photo-based products. During the last week, its stock has decreased after the report of its second quarter earnings. The firm published a loss of $23.8 million.
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.
