Stock Predictions Based on AI: Returns up to 109.25% in 1 Year

June 6, 2023

Stock Predictions

Stock Predictions: The Computer Industry Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:

  • Top 10 Computer Industry stocks for the long position
  • Top 10 Computer Industry stocks for the short position

Computer
Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 1 Year (6/5/22 – 6/5/23)
I Know First Average: 23.69%
Stock Predictions
Stock Predictions chart

During the 1 Year forecasted period several picks in the Computer Industry Package saw significant returns. The algorithm has correctly predicted 7 out of 10 returns. The prediction with the highest return was NVDA, at 109.25%. CDNS and AVGO also performed well for this time horizon with returns of 46.52% and 42.42%, respectively. The package had an overall average return of 23.69%, providing investors with a 19.67% premium over the S&P 500’s return of 4.02% during the period.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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

Computer Industry