Best Stock to Buy Based on Machine Learning: Up to 41.06% in 3 Days

Best Stock to Buy

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 (11/6/15 – 11/10/15)
I Know First Average: 5.27%

Best Stock to Buy

The algorithm correctly predicted 7 out of the 10 stocks forecasted to increase during the predicted time horizon of 3 days in the biotech stocks package forecast from 11/06/2015. The most impressive prediction was for DSCO, which offered a return of 41.06% during the predicted time horizon to investors who bought this stock. Other impressive returns were OXGI, SCMP and SRPT which increased by 10.53% and 8.28% the other two, respectively. The average return from this forecast for investors was 5.27%, offering a premium to investors over the S&P 500 return of -0.87% during the predicted time horizon.

Discovery Laboratories, Inc., a specialty biotechnology company, focuses on developing products for critical-care patients with respiratory disease and improving care in pulmonary medicine. DSCO will announce top-line results from its AEROSURF® Phase 2a expansion clinical trial in premature infants 29 – 34 gestational age with respiratory distress syndrome (RDS) on Thursday, November 12.

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.