Pharma Stocks Based on AI: Returns up to 31.5% in 1 Month

Pharma Stocks

This stock forecast is designed for investors and analysts who need predictions of the best stocks for the whole Pharmaceutical sector (see Pharma Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to trade:

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

Pharma Stocks Forecast
Package Name: Pharma Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Month (5/3/2020 – 6/3/2020)
I Know First Average: 15.9%
Pharma Stocks
Pharma Stocks chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Pharma Stocks Forecast Package for this 1 Month forecast. The top performing prediction from this package was SRPT with a return of 31.5%. Additional high returns came from HLF and LGND, at 28.27% and 26.92% respectively. The overall average return in this Pharma Stocks Forecast package was 15.9%, providing investors with a 5.58% premium over the S&P 500’s return of 10.32% during the same period.

Sarepta Therapeutics, Inc. (SRPT)  is a biopharmaceutical company focusing on the discovery and development of RNA-based therapeutics for the treatment of rare, infectious, and other diseases. Its lead product candidate is Eteplirsen.  The company was founded in 1890 and is headquartered in Cambridge, United Kingdom.

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.