Best Tech Stocks Based on Algorithmic Trading: Returns up to 31.02% in 1 Month

Best Tech Stocks

This Tech Giants Stocks forecast is designed for investors and analysts who need predictions for the best tech 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 (6/21/2020 – 7/22/2020)
I Know First Average: 11.1%
Best Tech Stocks
Best Tech Stocks chart

10 out of 10 stock prices in this forecast for the Tech Giants Stocks Forecast Package moved as predicted by the algorithm. The highest trade return came from IAC, at 31.02%. The suggested trades for YNDX and AMZN also had notable 1 Month yields of 23.91% and 15.88%, respectively. This algorithmic forecast package presented an overall return of 11.1% versus S&P 500’s performance of 5.76% providing a market premium of 5.34%.

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally. It operates through six segments: Match Group, HomeAdvisor, Video, Applications, Publishing, and Other.

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.