Best Healthcare Stocks Based on Algo Trading: Returns up to 25.72% in 14 Days

Best Healthcare Stocks

This Healthcare Stocks Package is designed for investors and analysts who need predictions of the best shares within the Healthcare Sector. It includes 20 stocks with bullish and bearish signals and indicates the best healthcare stocks to buy and sell:

  • Top 10 HealthCare stocks for the long position
  • Top 10 HealthCare stocks for the short position

Healthcare
Package Name: Healthcare
Recommended Positions: Long
Forecast Length: 14 Days (3/7/21 – 3/22/21)
I Know First Average: 7.35%
Best Healthcare Stocks
Best Healthcare Stocks chart

During the 14 Days forecasted period several picks in the Healthcare Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. MGNX was the top performing prediction with a return of 25.72%. GNMK and CCRN followed with returns of 24.09% and 6.39% for the 14 Days period. The package’s overall average return was 7.35%, providing investors with a 4.78% premium over the S&P 500’s return of 2.57% during the same period.

MacroGenics, Inc., incorporated on August 14, 2000, is a clinical-stage biopharmaceutical company focused on discovering and developing monoclonal antibody-based therapeutics for the treatment of cancer, as well as various autoimmune disorders and infectious diseases. The Company develops therapeutic product candidates using its antibody-based technology platforms and also in collaboration with other biopharmaceutical companies. The Company has a pipeline of product candidates in human clinical testing, primarily as treatments for different types of cancers, which are created primarily using its technology platforms. Its clinical product candidate is margetuximab, a monoclonal antibody directed against human epidermal growth factor receptor 2 (HER2) that has been enhanced using its Fc Optimization platform. It is also developing several product candidates targeting B7-H3, a protein in the B7 family of immune regulator proteins.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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