Best Short Term Stocks Based on Algorithms: Return up to 23.80% in 3 Days

Best Short Term Stocks

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

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

Package Name: BioTech Stocks
Forecast Length: 3 Days  (04/03/16 – 04/06/16)
I Know First Average: 8.55%

Best Short Term Stocks

For this 3-day forecast from April 3rd, 8 out of 10 top stocks in the long position increased as predicted by the algorithm. CLDX was our most impressive stock pick for the week with an outstanding return of 23.80% for the 3 days. ALNY, KITE, and IMGN also had strong returns for the short-term with a growth of 12.67%, 10.47%, and 9.54%. The package had a solid average return of 8.55% while the S&P 500 had negative growth of -0.30%.

Celldex Therapeutics, Inc. (CLDX), a biopharmaceutical company, develops, manufactures, and commercializes novel therapeutics for human health care in the United States. Despite the company’s brain cancer vaccine Rintega failing a clinical trial last month, share prices have seen double-digit growth on the past two Mondays.

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.

How to interpret this diagram

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