Medical Stocks Based on Stock Algorithm: Returns up to 104.6% in 7 Days

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: 7 Days (1/19/21 – 1/26/21)
I Know First Average: 20.67%
Medical Stocks
Medical Stocks chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Medicine Stocks Package for this 7 Days forecast. The top performing prediction from this package was CLSN with a return of 104.6%. PTN and LGND followed with returns of 27.73% and 27.18% for the 7 Days period. The package had an overall average return of 20.67%, providing investors with a 18.51% premium over the S&P 500’s return of 2.16% during the period.

Celsion Corporation, (CLSN), an oncology drug development company, focuses on the development and commercialization of chemotherapeutic oncology drugs based on its proprietary heat-activated liposomal 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.