Best Biotech Stocks Based On Machine Learning: Up to 138.49% Return in 3 Months

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: 3 Months (5/6/15 – 8/6/15)
I Know First Average: 32.13%

Best Biotech Stocks Based On Machine Learning

I Know First’s three-month forecast from the Biotech Package had 8 of the 10 stocks increase in accordance with the Stock Market Algorithm prediction.  SRPT performed phenomenally well, returning 161.36% during the three-month time horizon as the algorithm indicated. Likewise, EXEL and RDY were also included in the top 10 picks of the industry forecast and had strong returns of 105.91% and 25.09 respectively over three months. The average return of 32.13% during the forecasted time horizon easily outperformed the S&P 500 average return of -0.28% during the same time.

Sarepta Therapeutics Inc (SRPT), a biopharmaceutical company who’s goal is to provide medical drugs which will improve the lives of people affected by serious and life-threatening diseases. As of 2008, the company has 170 issued medical patents, and over 150 patents pending.

The Cambridge company has completed a milestone earlier this week, as it successfully completed its application to the FDA, for approval of the Duchenne muscular dystrophyis drug. A confidence Ed Kaye (SRPT’s CEO) talked about how the news was “terrific” and channeled the success on team work and a keen sense of motivation knitted through his employees. This news coupled with the news released by CFO Sandy Mahatmeon, the 29th of July, of a  $40 million loan, is likely to be the reason for the boom in the company’s stock prices. 

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.

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