Best Tech Stocks Based on Stock Algorithm: Returns up to 28.89% in 1 Month

Best Tech Stocks

This Tech Stock forecast is based on stock picking strategies for investors and analysts who need predictions for the 10 best tech stocks in the Technology Industry (see Tech Stocks Package). It includes 20 stocks with bullish and bearish signals:

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

Tech Stocks 165
Package Name: Tech Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Month (4/26/2020 – 5/26/2020)
I Know First Average: 18.3%
Best Tech Stocks
Best Tech Stocks chart

10 out of 10 stock prices in this forecast for the Tech Stocks Forecast Package moved as predicted by the algorithm. The top-performing prediction in this forecast was CAMP, which registered a return of 28.89%. IPGP and NVMI also performed well for this time horizon with returns of 26.54% and 25.47%, respectively. The overall average return in this Tech Stocks Forecast package was 18.3%, providing investors with a 12.83% premium over the S&P 500’s return of 5.47% during the same period.

CalAmp Corp. (CalAmp), incorporated on September 8, 1987, is a provider of wireless communications solutions for a range of applications to customers globally. The Company operates through two business segments: Telematics Systems and Software & Subscription Services. The Company has facilities in various locations, including Carlsbad, California; Torrance, California; Herndon, Virginia; Waseca, Minnesota; Eden Prairie, Minnesota, and Auckland, New Zealand.

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.