Stock Picking

This pharmaceutical forecast is designed for investors and analysts who need predictions of the best-performing stocks for the whole pharmaceutical sector (See Pharma Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to buy:

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

Package Name: Pharma Package
Forecast Length: 3 Days (03/29/16 – 04/01/16)
I Know First Average: 5.05%

8 out of 10 top stocks in the long position increased on the short-term as predicted by the algorithm on the 29th of March. Our top stock pick was FOLD with its growth of 13.15%, followed by stocks MDVN and REGN with returns of 11.98% and 11.38% for the 3-day period. The package had overall growth of 5.05% compared with the S&P 500’s 1.11% growth for the same period.

Amicus Therapeutics, Inc. (FOLD), a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines for various rare and orphan diseases. The company’s stock has seen rapid growth after an EU regulatory panel recommended the approval of what could be its first drug on the market meant for a treating a rare genetic disorder.

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.