Stock Market Algorithm: Up to 122.96% Return in 90 Days

Stock Market Algorithm

This Biotech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Biotechnology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to buy:

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

Package Name: Industry Package – Biotech Stocks
Forecast Length: 3 Months (5/01/15 – 8/01/15)
I Know First Average: 19.66%

Stock Market Algorithm

I Know First’s three-month forecast from the Biotech Package had 7 of the 10 stocks increase in accordance with the Stock Market Algorithm prediction.  EXEL performed phenomenally well, returning 122.96% during the three-month time horizon as the algorithm indicated. Likewise, ISRG and EW were also included in the top 10 picks of the industry forecast and had strong returns of 37.19% and 20.14% respectively over three months. The average return of 19.66% during the forecasted time horizon easily outperformed the S&P 500 average return of 0.60% during the same time.

Exelixis (EXEL),  is a bio-pharmaceutical company which produces the drug Cometriq. Exelixis has been performing extremely well in recent weeks, primarily due to the positive results which its flagship drug, Cometriq, has been producing. The company is constantly working with The Food and Drug Administration (FDA), in order to further develop the drug and help combat thyroid cancer. The stock performed especially well on July 20th, when stocks soared 20%.

The American company manufactures robotics which are capable of performing complex operations which boast a high success rate. Intuitive Surgical (ISRG), has also experienced firm results, especially after announcing better than expected sales. Furthermore,  the company posted  booming  second quarter earnings per share, on July 22nd.

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.

How to interpret this diagram

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