Pharma Stocks Based on Pattern Recognition: Returns up to 88.86% in 1 Year

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 Year (6/16/2019 – 6/16/2020)
I Know First Average: 20.55%
Pharma Stocks
Pharma Stocks chart

9 out of 10 stock prices in this forecast for the Pharma Stocks Forecast Package moved as predicted by the algorithm. ALNY was the highest-earning trade with a return of 88.86% in 1 Year. The suggested trades for CORT and XOMA also had notable 1 Year yields of 50.58% and 36.95%, respectively. With these notable trade returns, the package itself registered an average return of 20.55% compared to the S&P 500’s return of 8.24% for the same period.

Alnylam Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes novel therapeutics based on RNA interference. Its pipeline of investigational RNAi therapeutics is focused on genetic medicines, cardio-metabolic diseases, and hepatic infectious diseases.

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.