Healthcare Stocks Based on Machine Learning: Returns up to 80.14% in 3 Months

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

Package Name: Healthcare
Recommended Positions: Long
Forecast Length: 3 Months (9/15/2020 – 12/15/2020)
I Know First Average: 32.33%
Healthcare Stocks
Healthcare Stocks chart

This Healthcare Package forecast had correctly predicted 9 out of 10 stock movements. IMGN was the top performing prediction with a return of 80.14%. CMD and INGN also performed well for this time horizon with returns of 52.1% and 47.75%, respectively. With these notable trade returns, the package itself registered an average return of 32.33% compared to the S&P 500’s return of 9.19% for the same period.

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.

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.