Healthcare Stocks Based on Data Mining: Returns up to 42.63% in 14 Days

January 21, 2021

Healthcare Stocks

This Healthcare Stocks Package is designed for investors and analysts who need predictions of the best shares within the Healthcare Sector. It includes 20 stocks with bullish and bearish signals and indicates the best healthcare stocks to buy and sell:

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

Healthcare
Package Name: Healthcare
Recommended Positions: Long
Forecast Length: 14 Days (1/6/21 – 1/20/21)
I Know First Average: 11.86%
Healthcare Stocks
Healthcare Stocks chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Healthcare Package for this 14 Days forecast. The prediction with the highest return was PTN, at 42.63%. Other notable stocks were ANGO and HQY with a return of 20.8% and 15.34%. The package’s overall average return was 11.86%, providing investors with a 8.51% premium over the S&P 500’s return of 3.35% during the same period.

Palatin Technologies, Inc. (PTN), a biopharmaceutical company, develops targeted, receptor-specific peptide therapeutics for the treatment of various diseases in the United States.

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.

Healthcare