Stocks Under 50 Dollars Based on Algo Trading: Returns up to 46.71% in 14 Days

Stocks Under 50 Dollars

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Stocks Under 50 Dollars stocks with bullish and bearish signals:

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

Package Name: Stocks Under $50
Recommended Positions: Long
Forecast Length: 14 Days (6/24/2020 – 7/8/2020)
I Know First Average: 9.39%
Stocks Under 50 Dollars
Stocks Under 50 Dollars chart

This Stocks Under $50 Package forecast had correctly predicted 7 out of 10 stock movements. The top performing prediction from this package was AXDX with a return of 46.71%. Further notable returns came from BVXV and BZUN at 29.47% and 15.24%, respectively. The package’s overall average return was 9.39%, providing investors with a 8.16% premium over the S&P 500’s return of 1.23% during the same period.

Accelerate Diagnostics, Inc.  (AXDX)  is an in vitro diagnostic company founded in December 1982 and headquartered in Tuscon, Arizona.  The company develops and commercializes identification and antibiotic susceptibility instruments in the medical field.

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.