Stock Market Predictions Using Artificial Intelligence: Up To 139.25% Return in 3 Months

Stock Market Predictions

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: Biotech Stocks
Forecast Length: 3 Months (5/17/15 – 8/17/15)
I Know First Average: 26.66%

stock market predictions

Eight of the 10 stocks included in the Biotech Stocks forecast from 05/17/2015 increased in accordance with the algorithm’s prediction for the 3 Month time horizon. The top performing stock was Sarepta Therapeutics, Inc. (SRPT), with incredible returns of 139.25%. Exelixis, Inc (EXEL) also posted outstanding returns of 79.53% during that time period, offering large returns to investors. Investors using the I Know First service who invested evenly in these stocks would have outperformed the S&P 500 average of -0.96% by 27.62% during the predicted time horizon. 

Share price for Sarepta Therapeutics, Inc. (SRPT) skyrocketed in mid May following the announcement that a meeting with the FDA had given SRPT the go ahead to file a new drug application for their Duchenne muscular dystrophy (DMD) drug eteplirsen.  Their stock has been on the rise ever since as the FDA approved rolling submission for the application.  In early August, news that the drug trial participants still retained the ability to walk overshadowed the less than ideal Q2 earnings report.  The 10 patients in the trial have an average age of 12, a time by which most people suffering from DMD would already be wheelchair bound.

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.