Stock-Picking Based On Algorithms: Up To 36.83% in A Month

Stock-Picking

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 prediction 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: 1 Month (10/14/15 – 11/14/15)
I Know First Average: 9.18% (Long) and 10.16% (Short)

stock-Picking

On the long side, KITE took the lead returning 36.83% during the 1-Month time horizon as the algorithm indicated.  ALNY and XPO were also included in the top 10 picks of the S&P100 and had returns of 29.74% and 13.26% respectively over 1-Month. The average return of this 1-Month forecast was 9.18% compared to the S&P500 which returned 0.97%. On the short side, FCX returned 31.81% and CHK returned 23.65%. The I Know First Short Average was 10.16%.

Kite Pharma, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel cancer immunotherapy products. The company is developing a pipeline of engineered autologous cell therapy-based product candidates for the treatment of solid and hematological malignancies. The Company has announced their Third-quarter revenues standing at $5.1 million, above the Zacks Consensus Estimate of $4 million.

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.