Best Tech Stocks Based on Stock Market Algorithm: Returns up to 21.41% in 14 Days

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
Recommended Positions: Long
Forecast Length: 14 Days (04/10/2018 – 04/24/2018)
I Know First Average: 4.88%
Best Biotech Stocks

6 out of 10 stock prices in this forecast for the Tech Stocks Package moved as predicted by the algorithm. SANM was our best stock pick this week a return of 21.41%. MLAB and SPNS followed with returns of 13.10% and 12.10% for the 14 Days period. The package saw an overall yield of 4.88% versus the S&P 500’s return of 0.82% implying a market premium of 4.06%.

Sanmina Corporation, incorporated on May 9, 1989, is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. The Company provides its offerings primarily to original equipment manufacturers (OEMs) in various industries, including communications networks, storage, industrial, defense and aerospace, medical, energy and industries that include embedded computing technologies, such as point of sale devices, casino gaming and automotive. The Company operates through two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). IMS includes printed circuit board assembly and test, final system assembly and test, and direct-order-fulfillment. Its Components include interconnect systems (printed circuit board fabrication, backplane and cable assemblies) and mechanical systems (enclosures, precision machining and plastic injection molding). Its Products include memory, radio frequency (RF), optical and microelectronic solutions from its Viking Technology division, defense and aerospace products from SCI Technology Inc. (SCI), storage solutions from its Newisys division and cloud-based manufacturing execution system from its division, 42Q. Its Services include design, engineering, logistics and repair services.

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.

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