I Know First Algorithmic Review: September 3rd

The stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s September 3rd 2014 Stock Forecast titled, Best Tech Stocks to Buy: 15.51% Average Gain in 3 Months. The “I Know First Average” return was 15.51% versus the S&P 500’s return of 3.94% over the same time period.

Tech Stocks (jUNE 3rd)

Learn how to read the predictions: Instructions

Learn how to strategize with the forecast: Algorithmic Trading Strategies 

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

 

himax-logo

 

 

 

 

Signal (3 months): 460.41

Predictability (3 months): 0.14

Return: 54.13%

Himax Technologies, Inc. operates as an IC design house with LCD manufacturing capability. The Company focuses on display IC products for display device and offers LCD technical consulting to customers to provide them with value-added technical support and integrated solutions. HIMX published its earnings data last Thursday: the company reported $0.14 earnings per share for the quarter, HIMX’s revenue was down 5.1% on a year-over-year basis.

 

sina

 

 

 

 

Signal (3 months): 242.31

Predictability (3 months): 0.43

Return: 2.26%

SINA Corporation is an online media company serving China and the global Chinese communities. Its main products include SINA.com, SINA.cn, and Weibo.com. These digital networks enable users to access and share user generated media and professional media with their friends and acquaintances. In a recent conversation with Christine Tan of CNBC, CEO of SINA Corp, Charles Cao, stated SINA plans to spend more money and energy on growing their user base.

 

Amazon-Logo-300x109

 

 

 

 

Signal (3 months): 88.72

Predictability (3 months): 0.25

Return: 9.77%

Amazon.com, Inc. (Amazon.com) serves consumers through its retail websites and focus on selection, price, and convenience. Amazon offers programs that enables sellers to sell their products on its Websites and their own branded Websites and to fulfill orders through them. On June 18th, Amazon (AMZN) unveiled the Fire Phone after five years in the making. The Fire Phone marks Amazon’s first step into the smartphone hardware market.

ACLS

 

 

 

Signal (3 months): 88.37

Predictability (3 months): 0.49

Return: 8.15%

Axcelis Technologies, Inc. designs, manufactures, and services ion implantation, dry strip, and other processing equipment used in the fabrication of semiconductor chips worldwide. It offers high current, medium current, and high energy implanters.  ACLS released its second quarter financial results on August 4th.  The biggest piece highlight was news of the first Purion H high current implanter being shipped to a leading Asian-Pacific chipmaker, where it will join the Purion XE and Purion M systems already in place.

Signal (3 months): 63.27

Predictability (3 months): 0.34

Growth: 11.47%

Yahoo is a global technology company involved in many different aspects of Internet and digital content and experiences across many devices. Yahoo  has many plans for the near future : Yahoo recently acquired Blink, a Snapchat-like messaging app. Yahoo is also poised to release a Youtube-like video platform this summer in an effort to compete with Google and other online video providers. Finally, Yahoo is debuting Yahoo Movies, a digital magazine that is focused on all things film from blockbusters to indie movies.

ARMH

Signal (3 months): 52.32

Predictability (3 months): 0.17

Growth: 4.77%

ARM Holdings plc (ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools. As of December 31, 2012, the Company operated in three business segments: the Processor Division (PD), the Physical IP Division (PIPD) and the System Design Division (SDD). ARM licenses and sells its technology and products to international electronics companies, which in turn manufacture, markets and sells microprocessors, application-specific integrated circuits (ASICs) and application-specific standard processors (ASSPs) based on ARM’s technology to systems companies for incorporation into a range of end products. In August 2013, the Company announced that it has acquired Sensinode Oy, a provider of software technology for the Internet of things (IoT). In December 2013, ARM Holdings PLC acquired Geomerics. In August 2014, the Company acquired Duolog Technologies.

 

salesforce

 

 

 

 

 

 

 

 

 

 

 

Signal (3 months): 47.54

 

Predictability (3 months): 0.56

 

Return: 12.70%

 

salesforce.com, inc. is a provider of enterprise cloud computing and social enterprise solutions. CRM provides customer and collaboration relationship management, applications through the Internet or cloud. Salesforce has grown revenue at an exceptional pace for the last four years, yet the company has lost a combined $500 million in its last two fiscal years.

TSLA

Signal (3 months): 38.35

Predictability (3 months): 0.14

Growth: 37.37%

Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service network. The Company is engaged in commercially producing a federally-compliant electric vehicle, the Tesla Roadster. addition to developing its Model S and future vehicle manufacturing capabilities at the Tesla Factory, the Company is designing, developing and manufacturing lithium-ion battery packs, electric motors, gearboxes and components both for its vehicles and for its original equipment manufacturer customers. These activities occur at its electric powertrain manufacturing facility in Palo Alto, California and at the Tesla Factory. The Company provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers.

 

GOOG

Signal (3 months): 34.41

Predictability (3 months): -0.26

Growth: 4.33%

Google Inc. (Google), is a global technology company. The Company’s business is primarily focused around key areas, such as search, advertising, operating systems and platforms, enterprise and hardware products. The Company generates revenue primarily by delivering online advertising. The Company also generates revenues from Motorola by selling hardware products. Effective May 16, 2014, Google Inc acquired Quest Visual Inc. Effective May 20, 2014, Google Inc acquired Enterproid Inc, doing business as Divide. In June 2014, Google Inc acquired mDialog Corp. Effective June 25, 2014, Google Inc acquired Appurify Inc, a San Francisco-based developer of mobile bugging application software. Effective 23, July, 2014, Google Inc acquired drawElements Oy, a Helsinki-based developer of 3D graphics software. Effective August 6, 2014, Google Inc acquired Tinker Square Inc. Effective August 22, 2014, Google Inc acquired Gecko Design Inc. Effective August 26, 2014, Google Inc acquired Zync Inc.

 

Signal (3 months): 30.75

Predictability (3 months): 0.41

Growth: 10.10%

Check Point Software (CHKP), a provider of network security software, hardware and services is the second biggest firm in the Computer Software-Security Group. The company announced that its network security products offer multiple protections from the Heartbleed vulnerability, providing for the security of customers’ clients, servers and the integrity of their network data. Check Point had a signal of 15.2 and a predictability of .24. The stock grew 41.5% in accordance with the algorithm.

Check Point Software (CHKP), a provider of network security software, hardware and services is the second biggest firm in the Computer Software-Security Group. The company announced that its network security products offer multiple protections from the Heartbleed vulnerability, providing for the security of customers’ clients, servers and the integrity of their network data. Check Point had a signal of 15.2 and a predictability of .24. The stock grew 41.5% in accordance with the algorithm.