GILD Stock Forecast – Quick Win: 17.30% Gain In 3 Months

GILD Stock Forecast

Gilead Sciences (GILD) was a top stock pick based on predictive algorithm recommended to I Know First subscribers on April 5th for the 3-Month time horizon. GILD had a signal of 17.13 and a predictability of 0.33. In accordance with the algorithm, the company reported short-term capital gains of 17.30%.

Gilead Sciences was part of the stock forecast that can be found in the “Biotech Stocks” Package.

The full biotech Stocks Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

  • 10 best biotech stocks to long
  • 10 best biotech stocks to short

Quick Win GILD

Gilead Sciences, Inc. GILD is a biopharmaceutical company that develops and creates innovative medicines to meet unmet medical needs. Its main areas of focus are liver diseases such as hepatitis C virus (HCV) infection and hepatitis B virus (HBV) infection, as well as human immunodeficiency virus (HIV) and cardiovascular and respiratory conditions.

Gilead’s shares have more than tripled in value since the beginning of 2013 and the results of the acquisition of Pharmasset back in 2011 for $11 billion are proving that the company’s strategy works and its management proves to be reliable for the future of the company.

One of the secrets of those Biotech companies is that they invest large amounts of money in Research and Development, thus they ensure promising results for future applications of their possible treatments.

Our advise is to start buying GILD if you still don’t have it in your portfolio and if you already own that stock, keep it; as the company owns a large amount of cash (about $14.5 billion) we expect the management to look for interesting acquisition opportunities to fulfil the company’s fields of research and enlarge the competences’ horizon.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

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