Technology Stocks Based on Data Mining: Returns up to 6.04% in 7 Days

Technology Stocks

This Tech Giants Stocks forecast is designed for investors and analysts who need predictions for the best stocks to invest in the Tech Giants sector (see Tech Giants Stocks Package). It includes 20 stocks with bullish and bearish signals:

  • Top 10 Tech Giants’ stocks for the long position
  • Top 10 Tech Giants’ stocks for the short position


Package Name: Tech Giants’ Stocks
Recommended Positions: Long
Forecast Length: 7 Days (06/18/2019 – 06/25/2019)
I Know First Average: 2.56%
Technology Stocks

During the 7 Days forecasted period several picks in the Tech Giants’ Stocks Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The prediction with the highest return was CGNX, at 6.04%. Further notable returns came from GLW and NVDA at 4.59% and 4.45%, respectively. The Tech Giants’ Stocks package had an overall average return of 2.56%, providing investors with a premium of 1.60% over the S&P 500’s return of 0.96%.

Cognex Corporation (Cognex), incorporated on January 7, 1981, is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The Company operates through the machine vision technology segment. The Company’s machine vision products are used to automate the manufacture and tracking of discrete items, such as mobile phones, aspirin bottles and automobile tires, by locating, identifying, inspecting and measuring them during the manufacturing or distribution process. The Company’s products include vision software, vision systems, vision sensors and identification (ID) products. Its products range from vision sensors that are integrated, to personal computer (PC)-based systems for users. Its products also have a range of physical forms, depending upon the user’s need. Cognex sells its products through a direct sales force, as well as through a global network of integration and distribution partners.

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.