Medicine Stock Based on Artificial Intelligence: Returns up to 21.10% in 7 Days

Medicine Stock

The Medicine Stocks Package is designed for investors and analysts who need predictions for the best stocks to buy in the Medicine Industry. It includes 20 medicine stock with bullish and bearish signals and indicates the best medicine stocks to trade:

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


Package Name: Medicine Stocks
Recommended Positions: Long
Forecast Length: 7 Days (06/27/2019 – 07/04/2019)
I Know First Average: 7.10%
Medicine Stock

During the 7 Days forecasted period several picks in the Medicine Stock Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The prediction with the highest return was RAD, at 21.10%. Further notable returns came from OPK and BKD at 17.91% and 14.52%, respectively. The Medicine Stocks package had an overall average return of 7.10%, providing investors with a premium of 4.28% over the S&P 500’s return of 2.82%.

Rite Aid Corporation (RAD), through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy Segment sells prescription drugs; and a range of other merchandises, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. It also operates retail clinics that provide treatment for common conditions; and a range of preventive services, including screenings, medical tests, immunizations, and basic physical exams. In addition, this segment provides health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The Pharmacy Services Segment provides pharmacy benefit management (PBM) services and a range of pharmacy-related services. It also offers integrated mail-order and specialty pharmacy services; and performs prescription adjudication services for other PBMs. Rite Aid Corporation (RAD) has a strategic alliance with GNC. As of February 27, 2016, the company operated approximately 4,561 stores in 31 states of the United States and in the District of Columbia. Rite Aid Corporation (RAD) was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

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.