Stocks Under 5 Dollars Based on Big Data: Returns up to 24.35% in 3 Days
Stocks Under 5 Dollars
This stock forecast is part of the Stocks Under 5 Dollars Package, as one of I Know First’s algorithmic trading tools. The full package includes daily 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 5 Dollars
Recommended Positions: Long
Forecast Length: 3 Days (02/26/2017 – 03/01/2017)
I Know First Average: 2.92%
During the 3 Days forecasted period several picks in the Stocks Under 5 Dollars Package saw significant returns. The algorithm had correctly predicted 7 out 10 stocks. The prediction with the highest return was IMGN, at 24.35%. Further notable returns came from CDTI and CCO at 7.31% and 6.45%, respectively. The Stocks Under 5 Dollars package had an overall average return of 2.92%, providing investors with a premium of 1.71% over the S&P 500’s return of 1.21%.
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
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.