Biotech Stocks Based on Data Mining: Returns up to 106.73% in 1 Year

Biotech Stocks

The BioTech Stocks Package is designed for investors and analysts who need predictions of the best stocks to buy for the whole Biotechnology Industry. It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to trade:

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

BioTech Stocks
Package Name: Biotech Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Year (10/6/2019 – 10/7/2020)
I Know First Average: 28.42%
Biotech Stocks
Biotech Stocks chart

During the 1 Year forecasted period several picks in the Biotech Stocks Forecast Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. WST was the top performing prediction with a return of 106.73%. Other notable stocks were ALNY and HALO with a return of 88.78% and 75.43%. The package had an overall average return of 28.42%, providing investors with a 12.59% premium over the S&P 500’s return of 15.83% during the period.

West Pharmaceutical Services, Inc. (WST) develops, manufactures, and sells packaging and delivery systems in the United States, Germany, France, Other European countries, and internationally. The company’s Packaging Systems segment offers primary packaging components and systems for injectable drug delivery, including stoppers and seals for vials; closures and other components used in syringe; intravenous and blood collection systems; and pre-fillable syringe components. This segment also provides contract analytical laboratory services for testing and evaluating primary drug-packaging components with the contained drug formulation; and specialized testing for complete drug delivery systems. Its Delivery Systems segment offers safety and administration systems, and multi-component systems for drug containment and administration. This segment’s products include Daikyo CZ insert needle syringe systems; SmartDose electronic wearable injectors; ConfiDose auto-injectors and SelfDose self-injection systems; and sterile devices for the preparation and administration of drug products comprising MixJect transfer devices, the Mix2Vial needleless reconstitution systems, the Vial2Bag systems, and vial adapters. It also provides contract-manufacturing and assembly solutions, which include technologies, such as multi-component molding, in-mold labeling, ultrasonic welding, and clean room molding and device assembly used to manufacture customer-owned components and devices for use in surgical, diagnostic, ophthalmic, other drug delivery systems, and consumer products. The company offers its components and systems for the packaging and delivery of injectable drugs; and for the pharmaceutical, healthcare, and consumer products industries. It distribute its products through its sales force and distribution network, as well as contract sales agents and regional distributors. West Pharmaceutical Services, Inc. (WST) was founded in 1923 and is headquartered in Exton, Pennsylvania.

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.