Healthcare Stocks Based on Machine Learning: Returns up to 21.68% in 14 Days

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 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 (2/1/24 – 2/15/24)
I Know First Average: 5.63%
Healthcare Stocks
Healthcare Stocks chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Healthcare Package for this 14 Days forecast. The highest trade return came from MGNX, at 21.68%. THC and LMAT saw outstanding returns of 8.65% and 6.96%. The package itself saw an overall return of 5.63%, providing investors with a 1.83% premium above the S&P 500’s return of 3.8% for the same time period.

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.