Best Biotech Stocks Using Algorithmic Analysis

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: Industry Package – Biotech Stocks
Forecast Length: 14 Days (8/25/15 – 9/8/15)
I Know First Average: 15.26%

I Know First’s 14 days forecast from the Biotech Package had all 10 of the stocks increase in accordance with the Stock Market Algorithm prediction.  FOLD performed phenomenally well, returning 29.38% during the 14 days time horizon as the algorithm indicated. Furthermore, NBIX and KITE were also included in the top 10 picks of the industry forecast and had strong returns of 23.48% and 17.50% respectively over 14 days. The average return of 15.26% during the forecasted time horizon easily outperformed the S&P 500 average return of 4.02% during the same time.

Amicus Therapeutics (NYSE:FOLD) is an American biophramaeutical company which is based in New Jersey. Trading under the symbol FOLD in the NASDAQ, the company went public in 2007. On the first of this month it was announced that FOLD will acquire the privately-held biopharmaceutical company Scioderm, Inc. It is thought the cash-and-stock transaction,will be closed in the third quarter of 2015. The deal is worth a hefty sum with Amicus setting to make an upfront payment of $229 million to Scioderm shareholders which includes $125 million in cash and $104 million through the issuance of 7 million new Amicus shares.

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.