Best Pharma Stocks Based on Stock Prediction Algorithm: Returns up to 26.26% in 7 Days

Best Pharma Stocks

This stock forecast is designed for investors and analysts who need predictions of the best stocks for the whole Pharmaceutical sector (see Pharma Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to trade:

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

Pharma Stocks Forecast
Package Name: Pharma Stocks
Recommended Positions: Long
Forecast Length: 7 Days (07/04/2018 – 07/11/2018)
I Know First Average: 5.99%
Best Pharma Stocks

The algorithm correctly predicted 9 out 10 of the suggested trades in the Pharma Stocks Package for this 7 Days forecast. OPK was the highest-earning trade with a return of 26.26% in 7 Days. Additional high returns came from ENDP and CELG, at 9.61% and 5.95% respectively. The package had an overall average return of 5.99%, providing investors with a 3.75% premium over the S&P 500’s return of 2.24% during the period.

OPKO Health, Inc., incorporated on November 18, 1991, is a diversified healthcare company. The Company’s segments include Pharmaceutical, Diagnostics and Corporate. The pharmaceutical segment consists of the pharmaceutical operations in Chile, Mexico, Ireland, Israel and Spain and its pharmaceutical research and development operations. The diagnostics segment primarily consists of the clinical laboratory operations in Bio-Reference Laboratories (Bio-Reference) and its point-of-care operations.

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.