Best Blue Chip Stocks

This stock market forecast includes the best stocks determined by the algorithm with a market capitalization of more than $200 billion.

• 10 Best Mega Cap stocks for the long position
• 10 Best Mega Cap stocks for the short position

Package Name: Best Mega Cap Stocks
Recommended Positions: Long
Forecast Length: 7 Days (7/28/15 – 8/04/15)
I Know First Average: 3.21%

Get the “Best mega caps Stocks” Package.

Gilead Sciences, Inc. (GILD) increased 7.54% in just 7 days, making it the top performing stock in I Know First’s Best Mega Cap Stocks Package forecast for that time period. Anther top performing stock, BHP Billiton Ltd. (BHP) had noteworthy returns of 5.62%, with an impressive nine of the ten stocks increasing in accordance with the algorithm’s prediction. Within the prediction’s short time frame, the average return of the forecast was 3.21%, which is 2.5  times greater than the S&P 500 return of 1.24% during the same time horizon. 

I Know First recently had an article published on seeking Alpha explaining our bullish outlook on Gilead Sciences, Inc. (GILD). The biopharmaceutical company is an excellent long term investment with its currently low prices.  Clearly, their stock is performing well as they continue to make strides in therapies to combat HIV.  Their advanced therapies treat a diverse range of patients, including patients of all ages, and regardless of the progression of the disease in the individual.  Gilead currently has five therapies in varying stages of clinical trials, all for the treatment of HIV/AIDS.

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.