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 stock predictions 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

Package Name: Computer Industry
Recommended Positions: Long
Forecast Length: 1 Year (7/29/2018 – 7/30/2019)
I Know First Average: 11.0%

During the 1 Year forecasted period several picks in the Computer Industry Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. CDNS was the highest-earning trade with a return of 66.98% in 1 Year. Further notable returns came from VMW and NICE at 43.38% and 32.85%, respectively. The package had an overall average hit ratio of 11.0% during the period.

Cadence Design Systems, Inc. provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide. It offers functional verification, including emulation and prototyping hardware. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.

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.