Best Biotech Stocks To Buy Based on Algo Trading: Returns up to 23.39% in 1 Month

Best Biotech Stocks To Buy

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
Recommended Positions: Long
Forecast Length: 1 Month (03/08/2019 – 04/09/2019)
I Know First Average: 9.02%
Best Biotech Stocks To Buy

The algorithm correctly predicted 9 out 10 of the suggested trades in the BioTech Stocks Package for this 1 Month forecast. IONS was the highest-earning trade with a return of 23.39% in 1 Month. Additional high returns came from ACHN and OMER, at 20.68% and 13.57% respectively. The package had an overall average return of 9.02%, providing investors with a 4.32% premium over the S&P 500’s return of 4.70% during the period.

Ionis Pharmaceuticals, Inc. (IONS), a RNA-targeted drug discovery and development company, develops drugs for patients with severe and rare diseases in the United States.

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.