Best Mid Cap Stocks

This Best Mid Cap Stocks forecast is designed for investors and analysts who need predictions for the best companies with market capitalization between USD 500m and USD 50b. It includes 20 stocks with bullish and bearish signals:

• Top 10 Mid Cap stocks for the long position
• Top 10 Mid Cap stocks for the short position

Package Name: Best Mid Cap Stocks
Recommended Positions: Long
Forecast Length: 1 Year (8/9/20 – 8/10/21)
I Know First Average: 79.22%

For this 1 Year forecast the algorithm had successfully predicted 9 out of 10 movements. The prediction with the highest return was KLIC, at 182.88%. SBLK and FCAU followed with returns of 179.02% and 124.84% for the 1 Year period. The package itself saw an overall return of 79.22%, providing investors with a 46.83% premium above the S&P 500’s return of 32.39% for the same time period.

Kulicke and Soffa Industries, Inc., incorporated on November 26, 1956, designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The Company supplies a range of bonding equipment. The Company operates through two segments: Equipment and Expendable Tools. The Equipment segment manufactures and sells a line of ball bonders, wedge bonders, advanced packaging and surface mount technology solutions. The Expendable Tools segment manufactures and sells expendable tools for a range of semiconductor packaging applications. It offers capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits (ICs), high and low powered discrete devices, light-emitting diodes (LEDs) and power modules. Its customers primarily consist of semiconductor device manufacturers, outsourced semiconductor assembly and test providers (OSATs), other electronics manufacturers and automotive electronics suppliers.

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.