I Know First Review: September 27th, 2016

I Know First Review

In this post for I Know First Review, the stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s September 27th, 2016 stock forecast titled, 10 best tech stocks Based on Machine Learning: Almost 50% Yield Overall in 1 Year.

This forecast is part of the “Tech Stocks” package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” return was 49.59% in 1 year, against the S&P 500’s return of 11.84% over the same time period.

I Know First Review

 

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

Signal: 126.97

Predictability: 0.45

Return: 57.88%

American Superconductor Corporation (AMSC) is a provider of megawatt-scale solutions. The Company conducts its business through two segments: Wind and Grid. Through its Windtec Solutions brand, the Wind business segment enables manufacturers to field wind turbines.  In accordance with the algorithm’s prediction, the stock price had increased 57.88% in a year time period. AMSC has been recovering from its IP theft from former client Sinovel.  Throughout the year, the company’s financial health has been improving. Revenue has increased due to signing new long term contracts and as a result indebtedness has been declining.

Signal: 80.05

Predictability: 0.6

Return: -6.59%

Yingli Green Energy Holding Company Limited is a supplier of photovoltaic (PV) modules. The Company’s products and services cover the entire PV industry value chain, ranging from crystalline polysilicon ingots and wafers, PV cells and PV modules to the manufacture of PV systems and the installation of PV systems.  The stock saw a decline of 6.59% during the 1 year period. The decline was due to overcrowding of the market, where supply is surpassing demand.  With profit margins declining, some questions the company’s solvency in the future.

  Signal: 71.92

  Predictability: 0.42

  Return: 74.51%

Alpha Pro Tech LTD. (APT) develops, manufactures, and markets high-value protective apparel, along with building supply products in weatherization, and infection control products.  The I Know First algorithm had correctly predicted the stock return of 74.51%. This increase was due to a consistent increase in revenue since the start of the first quarter of the year 2016. This resulted in the company increasing its profit margin and operating margin.

Signal: 66.89

Predictability: 0.42

                                                                     Return: 160.77%

NeoPhotonics Corp. (NPTN) is a market leading firm in the design and manufacturing of hybrid Potonic Integrated optoelectronic modules. Their iconic Advanced Hybrid Photonic Integration combines an increasingly large number of optical functions while achieving the highest optical performance in high speed digital optical communications.  I Know First forecasted a positive return correctly as the stock price increased by 160.77%. The increase can be attributed to its second quarter earnings reporting a higher than expected earnings per share, beating estimates by over 55%.

Signal: 48.68

Predictability: 0.45

                                                                              Return: 17.77

Tessera Technologies, Inc. (TSRA) along with its subsidiaries licenses its integrated circuit packaging technology for some of the leading semiconductor, digital imaging, and smart phone manufacturers.  The company also conducts imaging and optics services.  I Know First’s algorithm correctly predicted an increase of 17.77%.  One of the leading reasons to TSRA’s increase is its successful acquisition of DTS, Inc. in a move to diversify growth and cross-selling opportunities.

Signal: 43.81

Predictability: 0.41

                                                Return: -2.48%

Seagate Technology Public Limited Company (STX), designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. The company is based out of Dublin, Ireland.  The stock decreased by 2.48% in a year period. Although Seagate has recovered most of its losses in part due to encouraging second quarter earnings, however the company is facing a decrease in market demand for PCs.

Signal: 27.26

Predictability: 0.47

                                                                         Return: 48.88%

Yahoo, Inc. (YHOO) along with its subsidiaries is a technology company, focusing in digital information discovery.  The I Know First algorithm accurately predicted a positive return of 48.88%. The positive return was as a result of Verizon Communications Inc. purchasing Yahoo in a $4.83 billion deal.

Signal: 25.85

Predictability: 0.31

Return: 110.47%

Ebix, Inc. provides software and e-commerce solutions to the insurance industry. The company operates data exchanges, which connect various entities within the insurance markets and enables the participant to carry and process data from one end to another.  The stock price rose 110.47% during the 1 year period, as predicted by I Know First’s algorithm. The increase can be attributed to its improvement in financial health and refocus after dealing with a SEC probe and tax inquiry in the past 2 years. In the past 4 quarterly earnings, EBIX has surpassed its earnings per share forecast by at least 11%.

Signal: 19.39

Predictability: 0.39

Return: 35.50%

Microsoft Corporation (MSFT) is an American multinational company manufacturing and selling computer software, assorted electronics, personal computers, and cloud services and subscription.  MSFT’s stock price increased by 35.5% as indicated by I Know First’s algorithm. This was as a result in the company’s successful transition from centering around software development to cloud-based services and subscription products.  On September 20, 2016, Microsoft announced a $40 billion buy back plan to repurchase stock.

Signal: 17.68

Predictability: 0.32

Return: -0.87%
LinkedIn (LNKD) is the world’s largest professional network on the Internet with more than 400 million members in over 200 countries and territories. Through their proprietary platform, members are able to create, manage and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities, enabling them to be more productive and successful.  The stock price decreased by 0.87%. This was as a result of reporting less than expected annual revenue causing the stock to drop by 43%, erasing $11 billion in market cap.  However, the stock has recouped nearly all of its losses due to after Microsoft acquired Linkedin in a $26.2 billion dollar deal on June 13, 2016.

Business Disclosure: I Know First Research is the analytic branch of I Know First, a financial startup company that specializes in quantitatively predicting the stock market. We did not receive compensation for this article, and we have no business relationship with any company whose stock is mentioned in this article.