Best Stocks Under $50 Based on Data Mining: Returns up to 71.65% in 1 Month

Best Stocks Under $50

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services to find the best stocks under $50. The full package includes daily stock predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Stocks Under 50 Dollars
Recommended Positions: Long & Short
Forecast Length: 1 Month (07/16/2017 – 08/16/2017)
I Know First Average: 12.51% (Long) & 4.24% (Short)
Best Stocks Under $10

During the 1 Month forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from NBR which registered a return of 19.41%. For the long positions the largest growth was registered by DVAX with a return of 71.65%, during the same period. The package itself, had an overall average return of 12.51%, in the long position, providing a premium of 12.15% over the SP500’s return of 0.36%. With regards to the short position, the package had an overall average return of 4.24%, providing investors with a premium of 3.88% over S&P500’s return of 0.36%. The I Know First’s Stock Market Algorithm accurately forecasted 8 out of 10 stocks, for the long position, and 8 out of 10 stocks, for the short position for this 1 Month forecasted period.

Dynavax Technologies Corporation (DVAX), a clinical-stage biopharmaceutical company, discovers and develops novel vaccines and therapeutics 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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.