Best Stocks To Buy Based on Pattern Recognition: Returns up to 9.88% in 7 Days
Best Stocks To Buy
This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 best stocks to buy with bullish and bearish signals:
- Top 10 stocks pick for the long position
- Top 10 stocks pick for the short position
Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 7 Days (2/6/2020 – 2/13/2020)
I Know First Average: 4.14%
Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. The greatest return came from EXEL at 9.88%. Other notable stocks were NVDA and IPGP with a return of 7.98% and 6.81%. The package’s overall average return was 4.14%, providing investors with a 2.96% premium over the S&P 500’s return of 1.18% during the same period.
Exelixis Inc. (EXEL) is a biopharmaceutical company. The Company is engaged in developing small molecule therapies for the treatment of cancer. The Company is focusing on resources development and commercialization of COMETRIQ (cabozantinib) for the treatment of progressive, metastatic medullary thyroid cancer (MTC) in the United States.
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.