Medical Stocks Based on Machine Learning: Returns up to 63.4% in 3 Months

Medical Stocks

The Medical Stocks Package is designed for investors and analysts who need predictions for the best stocks to buy in the Medicine Industry. It includes 20 stocks with bullish and bearish signals and indicates the best medicine stocks to trade:

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

Package Name: Medicine Stocks
Recommended Positions: Long
Forecast Length: 3 Months (4/25/21 – 7/26/21)
I Know First Average: 18.59%
Medical Stocks
Medical Stocks chart

The algorithm correctly predicted 9 out of 10 the suggested trades in the Medicine Stocks Package for this 3 Months forecast. The top-performing prediction in this forecast was ORMP, which registered a return of 63.4%. CLDX and IDXX had notable returns of 55.54% and 22.64%. The package had an overall average return of 18.59%, providing investors with a premium of 12.80% over the S&P 500’s return of 5.79% during the same period.

Oramed Pharmaceuticals Inc. engages in the research and development of pharmaceutical solutions for the use of orally ingestible capsules or pills for delivery of polypeptides.

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.