Stocks Forecast Based on Big Data Analytics : Up to 18.05% Return in 7 Days

Stocks Forecast

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

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

Package Name: Industry Package – Biotech Stocks
Recommended Positions: Long 
Forecast Length: 7 Days (01/20/16 –01/27/16)
I Know First Average: 4.91%
stocks forecast

In the biotech package from January 20th, 2016 to January 27th, 2016 the algorithm correctly picked 7 out of the 10 stocks for the long position. The best performing stock for the long position was HRTX, which posted a return of 18.05% during the 7 Day time horizon.  RPTP also posted an impressive return of 18.01%. The I Know First Average for this forecast was 4.91%, a much better return the S&P’s 0.09%.

Raptor Pharmaceutical Corp. is a biopharmaceutical company, focuses on developing and commercializing life-altering therapeutics that treats debilitating and often fatal diseases. This week they announced that they had new patents issued for their primary drug PROCYSBI. On January 27th, Citigroup upgraded their stock from neutral to buy.

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.

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