Stock Market Projections

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: 1 Week (07/13/15 – 7/20/15)
I Know First Average: 10.11%

The top performing stock from the 1 week Biotech Industry Package forecast from 07/13/2015 was Exelixis, Inc. (EXEL). It had an outstanding return of 59.78% during the predicted time horizon.  Alnylam Pharmaceuticals, Inc. (ALNY) and Vertex Pharmaceuticals Incorporated (VRTX) also had solid returns of 9.94% and 8.56% respectively in just 7 days.  This is in accordance with the algorithm’s prediction.  In fact, 8 of the 10 stocks increased in accordance with the algorithm’s prediction. The I Know First average return from the forecast was 10.11%, which offered a clear advantage to investors over the S&P 500 return of 2.49% during the same time period.

Exelixis, Inc. (EXEL) is a California based pharmaceutical company with a focus on small molecule therapies to help in the treatment of cancer.  During this time period, Exelixis announced the appointment of Chris Senner as Executive Vice President and Chief Financial Officer, but shares of EXEL skyrocketed upon the announcement of positive results from Phase 3 of a cancer treatment trial.  The results of the Cabozantinib treatment in patients with metastatic renal cell carcinoma was a 42% reduction in the risk of disease progression or death.

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.