Stock Predictions Based on Stock Algorithm: Returns up to 49.05% in 3 Months

April 18, 2024

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: 3 Months (1/17/24 – 4/17/24)
I Know First Average: 14.65%
Stock Predictions
Stock Predictions chart

During the 3 Months forecasted period several picks in the Computer Industry Package saw significant returns. The algorithm has correctly predicted 7 out of 10 returns. NVDA was the highest-earning trade with a return of 49.05% in 3 Months. Further notable returns came from MU and AMAT at 37.49% and 30.0%, respectively. The Computer Industry package had an overall average return of 14.65%, providing investors with a premium of 9.27% over the S&P 500’s return of 5.38%.

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