Medicine 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 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: 14 Days (4/12/2020 – 4/27/2020)
I Know First Average: 5.12%

8 out of 10 stock prices in this forecast for the Medicine Stocks Package moved as predicted by the algorithm. The highest trade return came from LH, at 21.59%. Additional high returns came from SRPT and LGND, at 12.29% and 11.51% respectively. The overall average return in this Medicine Stocks package was 5.12%, providing investors with a 1.94% premium over the S&P 500’s return of 3.18% during the same period.

Laboratory Corporation of America Holdings (LH) operates as an independent clinical laboratory company worldwide. It operates through two segments, LabCorp Diagnostics and Covance Drug Development. The company offers a range of clinical laboratory tests and procedures, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, Pap tests, hemoglobin A1C, PSA, STD tests, HCV tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests that are used by hospitals, physicians and other healthcare providers and commercial clients to assist in the diagnosis, monitoring and treatment of diseases and medical conditions through the examination of substances in blood, tissues, and other specimens. It also provides specialty testing services in the areas of allergy, diagnostic genetics, women’s health, cardiovascular disease, infectious disease, endocrinology, oncology, coagulation, pharmacogenetics, toxicology, and pain management; and esoteric testing, cancer diagnostics, and other complex procedures. In addition, the company provides drug development solutions to the pharmaceutical and biotechnology industries, as well as laboratory testing services. Further, it provides its testing services through a sales force to the physicians, hospitals, managed care organizations, governmental agencies, employers, pharmaceutical companies, and other independent clinical laboratories. The company has collaboration with university, hospital and academic institutions, such as Duke University, The Johns Hopkins University, Boston University, Columbia University, Mt. Sinai Hospital, and Yale University to license and commercialize new diagnostic tests. Laboratory Corporation of America Holdings (LH) was founded in 1971 and is headquartered in Burlington, North Carolina.

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.