Stock Valuation Based On Algorithm: Up To 67.83% Return in 1 Month

Stock Valuation

This Technology 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:

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

Package Name: Tech Stocks
Forecast Length: 1 month (02/14/16 – 03/14/16)
I Know First Average: 21.50%

Stock valuation

The Tech forecast for the 14th of February showed great results with 9 out of 10 correctly forecasted stocks. 7 out of those stocks had returns higher than 11%. DDD was the top performing stock of this package with returns of 67.83% following by TSLA, PCLN and PLUG with returns of 42.45%, 25.30% and 19.76%. The average return of the package was an astounding 21.50% that outperformed significantly s&p500 return of 8.30% for the 1 month time horizon.

3D Systems Corporation is a holding company. The Company is a provider of three-dimensional (3D) printing centric solutions. It provides 3D design-to-manufacturing solutions, including 3D printers, print materials and cloud sourced custom parts.

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.