Best Healthcare Stocks Based on Genetic Algorithms: Returns up to 27.37% in 3 Months
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 stocks to buy and sell:
- Top 10 HealthCare stocks for the long position
- Top 10 HealthCare stocks for the short position
Package Name: Healthcare
Recommended Positions: Long
Forecast Length: 3 Months (6/9/24 – 9/9/24)
I Know First Average: 7.23%
8 out of 10 stock prices in this forecast for the Healthcare Package moved as predicted by the algorithm. MMM was the top performing prediction with a return of 27.37%. UHS and THC followed with returns of 20.79% and 14.57% for the 3 Months period. The package had an overall average return of 7.23%, providing investors with a premium of 4.91% over the S&P 500’s return of 2.32% during the same period.
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.