Best Biotech Stocks Based on Genetic Algorithms: Return up to 12.26% in 7 Days

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

BioTech StocksPackage Name: BioTech Stocks
Forecast Length: 7 Days (05/13/16 – 05/20/16)
I Know First Average: 5.00%
best biotech stocks based on genetic algorithms

With a predictive accuracy of 80%, the genetic algorithm was able to outperform the S&P 500 with a return of 5.00% while the S&P 500 lost 0.57%. The highest-earning stock pick for this forecast was ANIP with a return of 12.26%, KERX returned 10.60%, BMRN returned 8.35%, and EXEL returned 7.13%.

ANI Pharmaceuticals, Inc. (ANIP), a specialty pharmaceutical company, develops, manufactures, and markets branded and generic prescription pharmaceuticals in the United States. The company recently signed an agreement with Aspen Pharmacare, a South African-based pharmaceutical company, to market and distribute a female cancer treatment in the United States.

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.