Best Tech Stocks Based on Algo Trading: Returns up to 16.27% in 1 Month

Best Tech Stocks

This Tech Giants Stocks forecast is designed for investors and analysts who need predictions for the best stocks to invest in the Tech Giants sector. It includes 20 stocks with bullish and bearish signals:

  • Top 10 Tech Giants’ stocks for the long position
  • Top 10 Tech Giants’ stocks for the short position

Package Name: Tech Giants Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Month (4/23/23 – 5/23/23)
I Know First Average: 4.26%
Best Tech Stocks
Best Tech Stocks chart

During the 1 Month forecasted period several picks saw significant returns. The algorithm has correctly predicted 7 out of 10 returns. GOOGL was our best stock pick with a return of 16.27%. Other notable stocks were LRCX and AVGO with a return of 10.89% and 8.47%. The package had an overall average return of 4.26%, providing investors with a premium of 3.97% over the S&P 500’s return of 0.29%.

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.