Stock Forecast Based on AI: Returns Up to 17.88% in 3 days

Stock Forecast

This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 3 Days (10/15/15 – 10/18/15)
I Know First Average: 4.67%

Stock Picking

I Know First’s 3 day forecast from the S&P 500 Stocks package witnessed a remarkable 9 of the 10 stocks increase in accordance with the Stock Market Algorithm prediction. DXCM took the lead returning 17.88% during the 3 day time horizon as the algorithm indicated. Likewise,  KITE and ALNY were also included in the top 10 picks of the S&P500 (OEX) and had strong returns of 7.73% and 6.86% respectively over 3 days. The average return of 4.67% during the forecasted time horizon easily outperformed the S&P 500 average return of 1.95% during the same time.

Dexcom, Inc. (DXCM) is a medical device company. The Company is focused on the design, development and commercialization of glucose monitoring systems used by who have diabetes.  The stock soared 13% this week as customers were thrilled with Dexcom’s newest system the G5 Mobile as demand has been overwhelming.  The company expects to match its 3rd quarter revenue of $52 Million, making it a smart stock to invest in.

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 algorithmic traders.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.