Best Long Term Stocks Using Data Mining: Up To 89.15% Return in 1 Year

Best Long Term Stocks Using Data Mining

This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

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

Package Name: Tech Stocks
Recommended Positions: Long & Short
Forecast Length: 1 Year (8/18/14 – 8/18/15)
I Know First Average: 29.93% Long; 16.53% Short

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Best Long Term Stocks Using Data Mining

The top 10 stocks for both the long and the short position were included in the 1 year forecast from 08/18/2014 that was part of the Tech Stocks package. Netflix (NFLX) had the best performance during the predicted time horizon with an outstanding return of 89.15%. Other stocks with impressive performances during the time horizon were Axcelis Technologies (ACLS) and Amazon (AMZN)  with returns of 80.68% and 60.36% respectively. For the short position, Advanced Micro Devices (AMD) offered the largest returns to investors who shorted the stock during the predicted time period with a return of 56.42%. The average returns for the long and short positions were 29.93% and 16.53% respectively, both of which easily beat the S&P 500 return of 7.54% during the same time period. 

Netflix (NFLX) has been performing outstandingly this year mainly due to its massive increase in subscribers as well as trying to expand into other international markets.  In addition,  Amazon’s (AMZN) Prime Day produced a record number of sales, which boosted share price following the event in July.

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.