I Know First Review

The stocks selected here are the top performing Tech Stocks from I Know First: Daily Market Forecast’s January 6^th, 2014 stock forecast titled “Data Mining Algorithms: Up To 70.41% Return In 1 Month”. This forecast is part of the “Top Tech Stocks” package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” return was 10.25% versus the S&P 500’s return of 1.73% over the same time period.

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. 

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Signal (1 month): 83.84

Predictability (1 month): 0.48

Return: 12.98%

Trina Solar Limited operates as an integrated solar-power products manufacturer and solar system developer in the People’s Republic of China, Europe, the United States, and other Asia Pacific regions. The company was founded in 1997 and is headquartered in Changzhou, the People’s Republic of China. Trina Solar had a signal strength of 83.84 and a predictability indicator of 0.48. In accordance with the algorithm prediction, the stock increased 12.98% in the 1-month time horizon. The Chinese integrated solar-power products manufacturer announced that its State Key Laboratory of PV Science and Technology set a new world record for power output from a high efficiency multi-crystalline silicon PV module. The company’s new silicone PV module reached a world record power output of 324.5Wp, the company said.

Signal (1 month): 70.85

Predictability (1 month): 0.29

Return: 1.99%

Monster Worldwide, Inc., together with its subsidiaries, provides online and mobile employment solutions worldwide. The company was founded in 1967 and is headquartered in New York, New York. Monster Worldwide had a signal strength of 70.85 and a predictability indicator of 0.29. In accordance with the algorithm prediction, the stock increased 1.99% in the 1-month time horizon. The company has been benefitting in recent months from an upswing in employment in the US, as bookings in North America grew by 8%.

Signal (1 month): 55.43

Predictability (1 month): -0.17

Return: -7.25%

BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless communications platform solution, which includes the sale of BlackBerry handheld devices. BlackBerry Limited was founded in 1984 and is headquartered in Waterloo, Canada.

Signal (1 month): 49.84

Predictability (1 month): 0.47

Return: 3.46%

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. The company operates a network of 80 stores and galleries in North America, Europe, and Asia. Tesla Motors was founded in 2003 and is headquartered in Palo Alto, California. It had a signal strength of 49.84 and a predictability indicator of 0.47. In accordance with the algorithm prediction, the stock increased 3.46% in the 1-month time horizon. The stock was boosted by multiple analysts’ notes, as well as news that the company was bringing new models to China, where it sees vast room for growth.

Signal (1 month): 36.99

Predictability (1 month): 0.19

Return: 70.41%

Smith Micro Software, Inc. provides software and services that simplify, secure, and enhance the mobile experience. The company was founded in 1982 and is headquartered in Aliso Viejo, California. Smith Micro Software had a signal strength of 36.99 and a predictability indicator of 0.19. In accordance with the algorithm prediction, the stock increased 70.41% in the 1-month time horizon. The company’s stock soared after it reported its preliminary financial results for its fiscal fourth quarter. Revenue is expected to be between $10.4 million and $10.6 million, ahead of estimates of $10.21 million.

Signal (1 month): 22.01

Predictability (1 month): -0.01

Return: -1.33%

SINA Corporation, through its subsidiaries, operates as an online media company in the People’s Republic of China. The company was founded in 1997 and is headquartered in Shanghai, the People’s Republic of China.

Signal (1 month): 14.28

Predictability (1 month): 0.42

Return: 13.08%

Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide. The company was founded in 1962 and is headquartered in Woburn, Massachusetts. Skyworks Solutions had a signal strength of 14.28 and a predictability indicator of 0.42. In accordance with the algorithm prediction, the stock increased 13.08% in the 1-month time horizon. The chipmaker’s stock was boosted by strong sales of Apple’s iPhone 6 in the last quarter, as chip sales hit a record in 2014. It has also had its earnings estimates revised upwards multiple times in the past few weeks, leading to the stock trading higher.

Signal (1 month): 13.22

Predictability (1 month): -0.03

Return: 11.92%

Digi International Inc. provides machine to machine networking hardware and solutions that enable the connection, monitoring, and control of local or remote physical assets by electronic means. The company was founded in 1985 and is headquartered in Minnetonka, Minnesota. Digi International had a signal strength of 13.22 and a predictability indicator of -0.03. In accordance with the algorithm prediction, the stock increased 11.92% in the 1-month time horizon. The company received the 2015 M2M Evolution Battle of the Platforms Award for “Best Horizontal Platform” from TMC and Crossfire Media. The stock has also been given a consensus rating of buy from market analysts.

Signal (1 month): 13.12

Predictability (1 month): 0.40

Return: -11.40%

Yingli Green Energy Holding Company Limited, together with its subsidiaries, designs, develops, manufacture, markets, sells, and installs photovoltaic products in the People’s Republic of China. The company was founded in 1998 and is headquartered in Baoding, the People’s Republic of China.

Signal (1 month): 12.57

Predictability (1 month): 0.37

Return: 8.67%

JinkoSolar Holding Co., Ltd., together with its subsidiaries, designs, develops, produces, and markets photovoltaic products in the People’s Republic of China and internationally. The company was founded in 2006 and is based in Shangrao, the People’s Republic of China. JinkoSolar Holding Co. had a signal strength of 12.57 and a predictability indicator of 0.37. In accordance with the algorithm prediction, the stock increased 8.67% in the 1-month time horizon. Chinese solar stocks rebounded in the last month after falling for the previous three months, as Beijing fixed policies that were harming the companies. As investors realize that oil and solar are not competitors and fill different needs, solar stocks in China, which is desperate to decrease its pollution, will continue to soar.