Momentum Stocks Based on Machine Learning: Returns up to 107.09% in 1 Year

Momentum Stocks

The 52 Week High Stocks Package is designed for investors and analysts who need predictions for momentum stocks currently at their 52-week high price level. It includes 20 stocks with bullish and bearish signals and indicates the best shares to buy and sell:

  • 52 Weeks High Top 10 stocks for the long position
  • 52 Weeks High Top 10 stocks for the short position

Best Share To Buy
Package Name: 52 Week High Stocks
Recommended Positions: Long
Forecast Length: 1 Year (5/23/2019 – 5/23/2020)
I Know First Average: 30.62%
Momentum Stocks
Momentum Stocks chart

During the 1 Year forecasted period several picks in the 52 Week High Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The greatest return came from CYTK at 107.09%. ACAD, and ARRY had notable returns of 103.82% and 87.28%. The package itself saw an overall return of 30.62%, providing investors with a 27.15% premium above the S&P 500’s return of 3.47% for the same time period.

Cytokinetics, Incorporated, incorporated on August 5, 1997, is a late-stage biopharmaceutical company. The Company is focused on discovering, developing and commercializing first-in-class muscle activators as potential treatments for debilitating diseases in which muscle performance is compromised and/or declining. It is focused on the discovery and development of small molecule therapeutics that modulate muscle function for the treatment of serious diseases and medical conditions. The Company is developing small molecule drug candidates, which are specifically engineered to increase muscle function and contractility. The Company’s drug candidates, which are in clinical development include tirasemtiv, CK-2127107 and omecamtiv mecarbil.

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.