Stocks Under 50 To Watch Based on Artificial Intelligence: Returns up to 18.85% in 3 Days

Stocks Under 50 To Watch

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Stocks Under 50 To Watch stocks with bullish and bearish signals:

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


Package Name: Stocks Under 50 Dollars
Recommended Positions: Long & Short
Forecast Length: 3 Days (04/30/2019 – 05/03/2019)
I Know First Average: 2.42% (Long) & 3.20% (Short)
Stocks Under 50 To Watch

During the 3 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from APA which registered a return of 7.92%. For the long positions the largest growth was registered by ANIK with a return of 18.85%, during the same period. The package itself, had an overall average return of 2.42%, in the long position, providing a premium of 2.33% over the SP500’s return of 0.09%. With regards to the short position, the package had an overall average return of 3.20%, providing investors with a premium of 3.11% over S&P500’s return of 0.09%. The I Know First’s Stock Market Algorithm accurately forecasted 7 out of 10 stocks, for the long position, and 9 out of 10 stocks, for the short position for this 3 Days forecasted period.

Anika Therapeutics, Inc., together with its subsidiaries, provides orthopedic medicines for patients with degenerative orthopedic diseases and traumatic conditions in the United States and internationally. The company develops, manufactures, and commercializes therapeutic products based on its proprietary hyaluronic acid (HA) technology. Its orthobiologics products comprise ORTHOVISC, ORTHOVISC mini, MONOVISC, and CINGAL for the treatment of osteoarthritis of the knee; HYALOFAST, a biodegradable support for human bone marrow mesenchymal stem cells used for cartilage regeneration and as an adjunct for microfracture surgery; HYALONECT, a woven gauze used as a bone graft wrap; HYALOSS used to mix blood/bone grafts to form a paste for bone regeneration; and HYALOGLIDE, an ACP gel used in tenolysis treatment. The company’s dermal products include wound care products that comprise HYALOMATRIX and HYALOFILL for the treatment of complex wounds, such as burns and ulcers, and for use in connection with the regeneration of skin; and ELEVESS, an aesthetic dermatology product. Its surgical products comprise HYALOBARRIER, a post-operative adhesion barrier for use in the abdomino-pelvic area; INCERT, a HA product used for the prevention of post-surgical spinal adhesions; MEROGEL, a woven fleece nasal packing; and MEROGEL INJECTABLE, a viscous hydrogel. The company also offers ophthalmic products, including injectable HA products that are used as viscoelastic agents in ophthalmic surgical procedures, such as cataract extraction and intraocular lens implantation; and veterinary products, which include HYVISC, an injectable HA product for the treatment of joint dysfunction in horses. Anika Therapeutics, Inc. has a strategic collaboration with the Institute for Applied Life Sciences at the University of Massachusetts Amherst to develop a therapy for rheumatoid arthritis. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.

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

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.