Stock Picking Strategies Based on Stock Market Algorithm: Returns up to 20.18% in 14 Days

Stock Picking Strategies

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). Using stock picking strategies, the fprecast 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: 14 Days (03/08/2017 – 03/22/2017)
I Know First Average: 5.23%
Stock Picking Strategies

During the 14 Days forecasted period several picks in the Pharma Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 stocks. The prediction with the highest return was XOMA, at 20.18%. Further notable returns came from PTX and IMGN at 14.74% and 8.76%, respectively. The Pharma Stocks package had an overall average return of 5.23%, providing investors with a premium of 6.07% over the S&P 500’s return of -0.84%.

XOMA Corporation (XOMA), a development stage biotechnology company, discovers, develops, and commercializes antibody-based therapeutics in the United States, Europe, and the Asia Pacific.

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

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