Biotechnology Stocks To Watch Based on Stock Algorithm: Returns up to 19.98% in 14 Days
Biotechnology Stocks To Watch
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 biotechnology stocks to watch:
- Top 10 Biotech stocks for the long position
- Top 10 Biotech stocks for the short position
Package Name: BioTech Stocks
Recommended Positions: Long
Forecast Length: 14 Days (11/19/2018 – 12/03/2018)
I Know First Average: 4.75%
8 out of 10 stock prices in this forecast for the BioTech Stocks Package moved as predicted by the algorithm. EXEL was our best stock pick this week a return of 19.98%. IONS and INSM followed with returns of 10.79% and 8.28% for the 14 Days period. The package saw an overall yield of 4.75% versus the S&P 500’s return of 1.98% implying a market premium of 2.77%.
Exelixis Inc. (EXEL) is a biopharmaceutical company. The Company is engaged in developing small molecule therapies for the treatment of cancer. The Company is focusing on resources development and commercialization of COMETRIQ (cabozantinib) for the treatment of progressive, metastatic medullary thyroid cancer (MTC) 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.