Undervalued Stocks Based on Machine Learning: Returns up to 21.51% in 7 Days

Undervalued Stocks

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). It 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: 7 Days (04/20/2017 – 04/27/2017)
I Know First Average: 6.49%
Undervalued Stocks

During the 7 Days forecasted period several picks in the Pharma Stocks Package saw significant returns from undervalued stocks. The algorithm had correctly predicted 8 out 10 stocks. The prediction with the highest return was IMGN, at 21.51%. Further notable returns came from PTN and SRPT at 16.67% and 9.08%, respectively. The Pharma Stocks package had an overall average return of 6.49%, providing investors with a premium of 4.33% over the S&P 500’s return of 2.16%.

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.

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