Best Technology Stocks Based On Predictive Analytics: Up To 15.60% Return in 3 Days

Best Technology Stocks

This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

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

Package Name: Tech Stocks
Forecast Length: 3 Days (8/13/15 – 8/16/15)
I Know First Average: 2.09%

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best technology stocks

Six of the 10 stocks included in the Tech Stocks Package forecast from 08/13/2015 increased in accordance with the algorithm’s prediction for the 3 day time horizon. The top performing stocks were Resource America, Inc (REXI), with incredible returns of 15.60%. Tencent Holdings Limited (TCTZF) also posted impressive returns of 6.30% during that time period, offering large returns to investors. Investors using the I Know First service who invested evenly in these stocks would have outperformed the S&P 500 average of 0.26% by 1.83% during the predicted time horizon.

Resource America, Inc (REXI), an asset management firm headquartered in Philadelphia, with a focus on the real estate market and credit investments.  During these 3 of price increases, the company announced authorization from its Board of Directors to repurchase up to $25 million of common stock.  This authorization replaces their 2014 authorization in which REXI repurchased 864,641 shares of common stock.  This stock repurchase may attract investors who see it as a way to purchase shares of the company that will give them more ownership due to the decreased amount of outstanding stock.

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 algorithmic traders.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.