Medical Stocks Based on Machine Learning: Returns up to 79.46% in 3 Months
Medical Stocks
The Medicine 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 medical 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 (10/6/2019 – 1/7/2020)
I Know First Average: 27.55%
I Know First’s State of the Art Algorithm accurately forecasted 7 out of 10 trades in this Medicine Stocks Package for the 3 Months time period. CTIC was our best stock pick this week a return of 79.46%. RAD and CNC followed with returns of 65.09% and 44.66% for the 3 Months period. The package had an overall average return of 27.55%, providing investors with a premium of 17.89% over the S&P 500’s return of 9.66% during the same period.
CTI BioPharma Corp. (CTI), incorporated on September 4, 1991, is a biopharmaceutical company focused on the acquisition, development and commercialization of targeted therapies covering a spectrum of blood-related cancers. The Company is primarily focused on commercializing PIXUVRI in select countries in the European Union, for multiply relapsed or refractory aggressive B-cell non-Hodgkin lymphoma (NHL). It is also engaged in evaluating pacritinib for the treatment of adult patients with myelofibrosis. It also evaluates its pipeline candidate paclitaxel poliglumex (Opaxio), which targets solid tumors. It is evaluating Opaxio through cooperative group sponsored trials and investigator-sponsored trials (ISTs), such as the ongoing maintenance therapy trial in patients with ovarian cancer.
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.