Buy And Hold Based on Pattern Recognition: Returns up to 109.57% in 3 Months

Buy And Hold

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 buy and hold:

  • 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: 3 Months (04/16/2017 – 07/16/2017)
I Know First Average: 27.83%
Buy And Hold

During the 3 Months forecasted period several picks in the Pharma Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 stocks. The prediction with the highest return was IMGN, at 109.57%. Further notable returns came from PTX and KERX at 38.51% and 37.13%, respectively. The Pharma Stocks package had an overall average return of 27.83%, providing investors with a premium of 22.23% over the S&P 500’s return of 5.60%.

ImmunoGen, Inc. (IMGN), a biotechnology company, develops targeted anticancer therapeutics. The company develops its products using its antibody-drug conjugate (ADC) technology.

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

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