Best Biotech Stocks Based on Artificial Intelligence: Up to 28.01% Returns in 1 Month

Best Biotech Stocks

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: 1 month (10/2/15 – 11/2/15)
I Know First Average: 10.57%

Best Biotech Stocks

The algorithm correctly predicted 9of the 10 stocks forecasted to increase during the predicted time horizon of 1 month in the tech stocks package forecast from 1o/2/2015. The most impressive prediction was for NBIX, which offered a return of 28.01% during the predicted time horizon to investors who bought this stock. Other impressive returns were CLDX and HRTX which increased by 22.33% and 19.44%, respectively. The average return from this forecast for investors was 10.57%, offering a premium to investors over the S&P 500 return of 9.37% during the predicted time horizon.

Neurocrine Biosciences, Inc. (NBIX) is engaged in the development of pharmaceutical products focused on neurological and endocrine based diseases and disorders.The Business ‘s two lead late-stage clinical programs are elagolix, a gonadotropin releasing hormone (NASDAQ:NBIX) antagonist for women’s well-being that’s partnered with AbbVie Inc. (AbbVie), and a vesicular monoamine transporter 2 (VMAT2) inhibitor for the treatment of movement disorders. The company shares have rallied 172.11% from its 1 Year high price.

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.