Best Biotech Stocks To Buy Based on Algorithmic Trading: Returns up to 11.24% in 3 Days

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: 3 Days (04/23/2019 – 04/27/2019)
I Know First Average: 2.10%
Best Biotech Stocks To Buy

During the 3 Days forecasted period several picks in the BioTech Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The prediction with the highest return was MDCO, at 11.24%. Further notable returns came from TEVA and ANIK at 4.49% and 4.08%, respectively. The BioTech Stocks package had an overall average return of 2.10%, providing investors with a premium of 1.00% over the S&P 500’s return of 1.10%.

The Medicines Company provides medicines for patients in acute and intensive care hospitals worldwide. The company markets Angiomax, an intravenous direct thrombin inhibitor used as an anticoagulant in combination with aspirin in patients with unstable angina undergoing percutaneous transluminal coronary angioplasty, and for patients undergoing percutaneous coronary intervention;

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.