Best Stocks Under $5 Based on Algorithms: Return up to 83.64% in 7 Days
Best Stocks Under $5
Best stocks under $5: This forecast is part of the “Stocks Under $5 Dollars” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:
- top ten stocks pick to long
- top ten stocks pick to short
Package Name: Stocks Under $5
Recommended Positions: Long
Forecast Length: 7 Days (04/04/2016 -04/11/2016)
I Know First Average: 12.07%
The algorithm correctly predicted the increase of 7 out of 10 stocks in the long position on the 7-day time horizon for this package. The top-returning stock was DSCO with its 83.64% return. CLF and VALE also impressed investors with their returns of 18.06% and 12.73% respectively. The package returned an average of 12.07% against the S&P 500’s return of -1.49% for the same period.
Discovery Laboratories, Inc. (DSCO), a specialty biotechnology company, focuses on developing products for critical-care patients with respiratory disease and improving care in pulmonary medicine. At the end of March, Discovery Laboratories entered a collaboration agreement with Battelle Memorial Institute to develop the company’s aerosol delivery system for potential use in its phase 3 clinical program for Aerosurf, a treatment for respiratory distress syndrome in premature infants. The many efforts of Discovery Laboratories Inc. of finding natural and chemical solutions for this disease have been employed by the company at its full capacity and this has demonstrated the real effort that they do in order to improve the chances of survival. Investors are very enthusiastic about the future of Discovery Laboratories and are eager to increase their share size in the company.
How to interpret this diagram
Please, note-for trading decisions use the most recent forecast.
