This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

Package Name: Tech Stocks
Forecast Length: 1 year (11/07/14 – 11/07/15)
I Know First Average: 36.69% (Long) and 20.52% (Short)

In the I Know First’s 20 Top Stochs for the 1 year forecast from nine out of the ten stocks increase in the long and short position in accordance with the algorithm’s prediction. AMZN, NFLX and MWW performed well in the long position, returning 122.28%, 108.30% and 53.86% respectively during the time horizon as the algorithm indicated. Likewise for the short position, PLUG, SWIR and YHOO were also included in the top 10 picks and had strong returns of 46.09%, 42.86%  and 28.65% over 1 year. The average return of I Know First was 36.69% (Long) and 20.52% (Short) during the forecasted time horizon outperformed the S&P 500 return of 3.35% during the same time.

Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company serves consumers through retail websites, such as amazon.com, amazon.ca, and amazon.com.mx, which primarily include merchandise and content purchased for resale from vendors and those offered by third-party sellers. Amazon shared their plans for the Fulfillment Center in Shakopee. This project is bringing more than 1,000 Full-Time Jobs and the growth of their sales and stock price has risen since.

Algorithmic traders utilise 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