Identifying The Best Stocks On Robinhood Using AI

The article was written by Jessica Kremer - Analyst at I Know First.

Summary:

  • Robinhood has changed the online broker industry, realizing a $8.3 billion valuation and possessing a large portion of the market space.
  • Robinhood investors, in conjunction with I Know First’s algorithm forecasting, have repeatedly scored big.
  • I Know First can provide Robinhood users with multiple stock forecasting options, including custom forecasts for individual portfolios.

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Coronavirus Stock Market Forecast – I Know First Presents New Special Package

corona

Coronavirus Stock Market Summary:

  • COVID-19 number of cases is increasing and, no signs of stopping;
  • Automotive and airline companies may take the biggest hit in 2020;
  • Medical and biotech stocks are the opportunities in this situation;
  • Netflix and other streaming services can benefit from the outbreak.

Background

Due to Corona-virus (COVID-19) infectiousness characteristics, the disease started spreading globally since December 2019 despite the efforts made by Chinese government. On February 27, the World Health Organization published a report announcing that over 81,000 cases of the disease were confirmed, with 78,000 being in China. The number of deaths worldwide exceeded 3,300, with almost 300 of them outside China. With Brazil confirming its first case

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Tesla Stock Prediction: Tesla’s Future Tailwind From Electric Motorcycles

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • Tesla remains the leader in electric cars. Two or three years from now, I expect Tesla to also lead in high-end electric motorcycles.
  • Car vendor Honda is selling more than 19 million units of regular motorcycles per year. Honda has upcoming electric motorcycles.
  • More than 130 million units of motorcycles are sold annually. Almost 109 million of them sold in the Asia Pacific Region.
  • It is faster to assemble Tesla electric motorcycles than cars and trucks. Tesla can improve its bottom line by the quicker turnaround of selling motorcycles.
  • TSLA has a very bullish one-year forecast from I Know First. It might be wise to load up on this stock while it trades below $370.

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3D Systems Corporation (NYSE: DDD) Taking Part in Future Revolution of 3D Printing

[Image Source: StockNews.com]

“No One Can Take Our Smiles Away When Dental Decay is Kept Miles Away”
– Pro. Dr. Ninad Moon

Summary
• 3D Systems Q1 results of 2018
• ‘NextDent’ 5100 – 2018 Healthcare Application of the year
• I Know First Bullish Forecast for DDD

3D Systems Corporation, through its subsidiaries, provides three-dimensional (3D) printing products and services worldwide. The company offers 3D printers, such as stereolithography, selective laser sintering, direct metal printing, multi jet printing, and color jet printers that transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. It also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, polymeric dental, and Class IV bio-compatible materials. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, production machining, metrology, and inspection. Further, it offers proprietary software and drivers that provide part review, part preparation, part placement, automated support building and placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services; on-demand manufacturing solutions; and software and precision healthcare services. It primarily serves companies and small and midsize businesses in medical, dental, automotive, aerospace, durable good, government, defense, technology, jewelry, electronic, education, consumer good, energy, and other industries through direct sales force, as well as partner channels and distributors. The company was founded in 1986 and is headquartered in Rock Hill, South Carolina.

Q1 results of 2018
On May 2, 2018 3D Systems Corporation announced its Q1 report of 2018. Among the items of the report the revenue growth of 6% to $165.9 million compared to $156.4 million in Q1 of 2017 should draw investors’ attention in a positive direction to see that the company is on a growing path for the long term. Specifically, one could see 24% higher printer revenue on 44% higher printer unit sales, as well as sales growth in software, on demand manufacturing and healthcare solutions. However, the company’s GAAP operating expenses showed an increase of $95.4 million compared to $89.3 million in the prior year period. The result is that the company received non-GAAP loss of $0.03 per share compared to non-GAAP earnings of $0.06 per share in Q1 of 2017. The raise in the company’s total cost of sales to $88,006 compared to $76,245 in the prior year period and in the company’s investments in R&D is part of what caused the decrease in the company’s stock price per share for Q1 of 2018. Although, I still believe 3D Systems will grow in the long term and be among the top beneficiaries of 3D printing revolution in the upcoming future. Finally, during this quarter, the company used $1.5 million of cash in operations and ended with $121.6 million of unrestricted cash on hand.

[Image Source: 3DSystems.com]

‘NextDent’ 5100 – 2018 Healthcare Application of the year

[Image Source: 3DSystems.com]

On May 21, 2018 ‘NextDent’ 5100 (digital dentistry solution) was announced that it was awarded the 2018 healthcare application of the year by the publication ‘3D Printing Industry’. ‘NextDent’ 5100 was revealed on February 22, 2018. The ‘NextDent’ 5100 redefines digital dentistry and enables enhanced patient care. It is powered by Figure 4 technology- configurable assembly of interconnected SLA printers for mass production of custom parts and products. It is also being proposed as a platform for traditional manufacturers to bring their production facility to the digital era. In addition, it out-performs similar competitive offerings with 4 times the speed. By including the ‘NextDent’ 5100 into their workflow, dental laboratories and clinics of all sizes are able to address, for the first time, more conditions that cause pain or discomfort and potentially endanger a patient’s life or health with one solution. Cost-wise, 3D-printed dentures and orthodontist braces could be more cost-efficient than handcrafted.

Selling the ‘NextDent’ 5100 benefits 3D Systems in the digital dentistry. The acquisition of NextDent last year gave 3D Systems more than 18 biocompatible materials which it can sell to dentists and dental clinics. Like other printers, the bigger money is in supplying the materials. Dentists and dental clinics who purchase a 3D printer could become repeat customers for dental materials for many years.
As shown below, dental 3D printing market revenue is growing extensively with time and is expected to continue in this path due to rising prevalence of dental caries and increase in incidence of tooth loss owing to injury and accident.

DDD stock increased by 19.34% since the Q1 results of 2018 were announced.
My conclusion is that DDD stock will continue to grow in the long term given the fact that the 3D printing revolution has not arrived yet but when it does, 3D Systems will be among the top beneficiaries. ‘NextDent’ 5100 is not only a digital dentistry solution but also a revolutionary innovation.

[Image Source: Yahoo Finance]

According to analyst recommendations from Yahoo Finance, the current consensus is a “Hold” in 3D Systems Stock, with 10 advising.

[Image Source: Yahoo Finance]

Current bullish I Know First Algorithm forecast for DDD

3D printing is an upcoming revolution in the future. So, investing in 3D Systems, going long and holding, is a good course of actions as for now. I Know First Algorithm is currently bullish for DDD stock which appears to be bullish for 1, 3 and 12 months investment horizons.

Past I Know First Algorithm forecast success with DDD

On February 23, 2018 I Know First has made an accurate prediction for DDD.
With bullish signal of 25.09 and predictability indicator of 0.57 (see heat map explanation below) DDD is with about 27.43% gain since this bullish forecast.
This bullish forecast for DDD sent to the current I Know First subscribers on February 23, 2018.

 

I Know First Algorithm Heat-map Explanation

This indicator represents the predicted movement direction/trend. The signal strength indicates how much the current price deviates from what the system considers a balance or “fair” price.
The signal strength is the absolute value of the current prediction of the system. The signal can have a positive (increase), or negative (drop) sign. The heat map is arranged according to the signal strength with strongest up signals at the top. The table colors are indicative of the signal. Green indicates to the positive signal and red indicates a negative signal. A deeper color means a stronger signal and a lighter color equals a weaker signal. The sign of the signal tells in which direction the asset price is expected to go (positive = to go up = Long, negative = to drop = Short), the signal strength is related to the magnitude of the expected return and is used for ranking purposes of the investment opportunities.
Predictability measures the importance of the signal. The predictability is the historical relationship between the prediction and the actual market movement for that particular market. For each asset this indicator is recalculated daily. Theoretically the predictability ranges from minus one to plus one. The higher this number is the more predictable the particular asset is. In comparison to different time ranges, predictability will be higher for longer time. This means that longer-range signals are more accurate.
Predictability is a unique indicator of the I Know First algorithm which allows users to focus on the most predictable assets according to the algorithm. One should focus on predictability levels significantly above 0 in order to trust the signal, when ranging between -1 and 1.

Winning XOMA Stock Forecast: Xoma Corporation Jumped Up By 269.14% in 1 Year

“We made significant progress on multiple fronts executing our new business strategy, and in doing so we completely transformed the Company. The highlight events were clearly the license agreements we secured for both gevokizumab and our IL-1 beta intellectual property portfolio with Novartis. Our strategy was further reinforced with new license agreements for use of our proprietary phage display libraries for antibody discovery.”

– Jim Neal, Chief Executive Officer of XOMA

[Image Source: http://www.scienceimage.csiro.au/image/2057, from Wikimedia Commons]

Over the last 12 months, the market has witnessed a huge surge of XOMA’s stock by 269.14%. The result can be illustrated in the below chart:

The remarkable gain of XOMA can be attributed to the strong performance of the company in Q2 and Q3 2017. In Q2 2017, XOMA reached the $10 million milestone due to the license agreement with Novartis (NYSE: NVS). Additionally, thanks to the XOMA 052 License Agreement and IL-1 Target License Agreement with Novartis, XOMA has recognized $35.4 million revenue in license and collaborative fee in Q3 2017. As a result, over the last 5 quarters, Q2 and Q3 2017 are the only two quarters with a positive net income, $0.285 million and $26.344 million respectively.

(Source: financials.morningstar.com)

On May 25, 2017, I Know First has issued a bullish 1-year prediction for XOMA Corporation with the signal of 84.71 and the predictability of 0.52. One year later, XOMA shot up to $24.88 (269.14% upside), in line with our forecast.

Current I Know First subscribers received this bullish ESND forecast on May 25, 2017.

To subscribe today click here.

How to interpret this diagram

=&1=&Get today’s forecast and Top stock picks.

XOMA Corporation (NASDAQ: XOMA) is a biotechnology company located in Delaware. The company uses its own unique platform of antibody technologies to discover and develop innovative therapeutics. XOMA’s business model is to license its therapeutic assets to other corporations, which is later responsible for later development, approval, or commercialization. Moreover, the company has also licensed its platform of antibody technologies to other companies who want to make their own discovery efforts. The main customers of XOMA include pharmaceutical and biotech companies such as Novartis International Pharmaceutical Ltd. (“Novartis), Novo Nordisk AS (“Novo Nordisk”), Takeda Pharmaceutical Company Ltd. (“Takeda”), etc. Besides that, other companies also funded more than 20 programs of XOMA, which will generate milestone and royalty payments in the future. XOMA’s asset base includes different antibodies with unique properties. These antibodies are designed to either enhance or diminish a target protein’s activity. In February 2017, XOMA achieved initial proof-of-concept (“POC”) for its X358 clinical program. In the future, the company aim to maximize the value of X358 through licensing agreements with its partners. Moreover, XOMA will focus more on developing and acquiring revenue generating assets and coupling them with the current infrastructure. XOMA also expects that the payments from the licensees will contribute a significant portion of its future revenue.

Disclaimer

Before making any trading decisions, consult the latest forecast as the algorithm updates predictions daily. You can use the algorithm for intra-day trading. The predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

Apple’s leading Innovation Breakthrough Followed By Outstanding Q2 Fiscal Financial Results Of 2018

“If you’re going to make connections which are innovative… you have to not have the same bag of experiences as everyone else does.” – Steve Jobs

Highlights:

  • Apple on the way to a breakthrough – carbon-free aluminum smelting
  • Financial Results for fiscal Q2 of 2018
  • Q3 Financial Guidance
  • Industrial comparison 

[Image Source: Fossbytes.com]

Apple on the way to a breakthrough – carbon-free aluminum smelting method

Aluminum is a key material in many of Apple’s most popular products, and for more than 130 years, it’s been produced the same way. Aluminum giants Alcoa Corporation and Rio Tinto Aluminum announced a joint project to commercialize original technology that eliminates direct greenhouse gas emissions from the traditional smelting process. This is a key step in aluminum production that if fully developed and implemented, will strengthen the closely integrated Canada-United States aluminum and manufacturing industries.

As part of Apple’s commitment to reducing the environmental impact of its products through innovation, the company helped accelerate the development of this technology. Apple has partnered with both aluminum companies, and the Governments of Canada and Quebec, to collectively invest a combined $144 million to future R&D.  “Apple is committed to advancing technologies that are good for the planet and help protect it for generations to come,” said Tim Cook, Apple’s CEO.

This follows Apple’s announcement last month that all of its facilities are now powered with 100 percent clean energy and 23 of its suppliers have committed to do the same.

 

[Image Source: GlobalMediaIT]

Q2 Financial Results of 2018

On May 1st, 2018, Apple announces its financial Q2 results of 2018. Apple achieved a quarterly revenue of $61.1 billion, 16% increase from Q2 of 2017, quarterly earnings per diluted share of $2.73, up 30%, and generated over $15 billion in operating cash flow. International sales accounted for 65% of the quarter’s revenue. In Q2, iPhone X was sold more than any other iPhone each week and the company’s revenue in all geographic segments grew, with over 20% growth in Greater China and Japan. As for this financial Q2 report, Apple’s board has approved a new $100 billion share repurchase authorization and a 16% increase in their quarterly dividend. Reflecting the approved increase, the board has also declared a cash dividend of $0.73 per share of Apple’s common stock.

Apple is expected to continue to net-share-settle vesting restricted stock units. From the inception of its capital return program in August 2012 through March 2018, Apple has returned $275 billion to shareholders, including $200 billion in share repurchases.

The Company will complete the execution of the previous $210 billion share repurchase authorization during Q3.

Q3 of 2018 Financial Guidance

Revenue between $51.5 billion and $53.5 billion
Gross Margin between 38% and 38.5%

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Winning Stock Forecast: Super Micro Computer, Inc. (NASDAQ: SMCI) Returns up to 27.70% in 3 days

 

[Image Source: Wikimedia]

Super Micro Computer, Inc., together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. It offers a range of server, storage, blade, workstation, and full rack solutions, as well as networking devices, server management software, and technology support and services. The company also provides a range of application optimized server solutions, including rackmount and blade server systems; and server subsystems and accessories comprising server boards, and chassis and power supplies, as well as other system accessories, including microprocessors, and memory and disc drives. In addition, it provides customer support services and hardware enhanced services. The company offers its products to data center, cloud computing, enterprise IT, big data, high performance computing, and Internet of Things/embedded markets. It sells its server systems, and server subsystems and accessories through direct sales force, as well as through distributors that comprise value added resellers and system integrators, and OEMs. The company has operations primarily in San Jose, California; the Netherlands; Taiwan; China; and Japan. Super Micro Computer, Inc. was founded in 1993 and is headquartered in San Jose, California.

[Image Source: Wikimedia]

Over the 3 days after I Know First issued a bullish short term forecast for SMCI on May 4, 2018, Super Micro Computer’s stock price jumped from $19.90 to $24 per share, outperforming the market by about 14%. What happened that drove the growth? The reason lies in the company’s 3Q financial statements.

On May 3rd, 2018 Super Micro Computer, Inc. announced their Q3 fiscal 2018 financial statements with the following highlights:

  • Net sales in a range of $785 million to $795 million compared to its previous guidance range of $700 million to $780 million
  • GAAP gross margin in the range of 13.0% to 13.2%
  • GAAP fully diluted earnings per share in the range of $0.28 to $0.32
  • Q4 Fiscal 2018 Guidance

The GAAP gross margin range of 13.0% to 13.2% that the Company expects to report includes stock-based compensation of $0.4 million and accelerated building depreciation expense of $2.6 million. The GAAP fully diluted earnings per share range of $0.28 to $0.32 that the Company expects to report includes stock-based compensation expense of $6.1 million, Audit Committee investigation expense of $9.5 million, and accelerated building depreciation expense of $2.6 million. At March 31, 2018, total cash, cash equivalents and short-term investments was $136.0 million and bank debt was $186.3 million.

As for the Q4 Fiscal 2018 Guidance, the Company expects net sales in a range of $800 million to $860 million for the fourth quarter of fiscal year 2018 ending June 30, 2018.

I Believe that the increased revenues in the Q3 and the Q4 guidance that were announced are the main reason for the company’s growth during the 3-day time period.

From the above data one can see that Super Micro Computer, Inc. increased its share value by about 14% after announcing their successful Q3 fiscal 2018.

On May 4th, 2018 I Know First issued a bullish 3 days forecast for Quick Win by the Algorithm: Super Micro Computer, Inc. (NASDAQ: SMCI). The forecast illustrated a signal of 3.35 and a predictability of 0.07. In accordance with the forecast, SMCI’s stock returned 27.70% over this period, highlighting the accuracy of the prediction produced by the I Know First algorithm.

Current I Know First subscribers received this bullish SMCI forecast on May 4, 2018

To subscribe today click here.

How to read the I Know First Forecast

Disclaimer

Before making any trading decisions, consult the latest forecast as the algorithm updates predictions daily. You can use the algorithm for intra-day trading. The predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

 

Facebook Stock Forecast: Why The Monetization of Instant Games Platform Is Important To Facebook

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First.

Facebook Stock Forecast

Summary:

  • Facebook has enabled in-app purchases on its Instant Games platform. This includes mobile and web games published through Instant Games.
  • Facebook will take 30% commission from in-app purchases processed through Instant Games. This should help Facebook diversify outside its extreme reliance on advertising revenue.
  • On Android and iOS, Facebook will take its 30% cut on Instant Games after Google and Apple get their 30% commission.
  • The long-term potential of Instant Games comes from its HTML5-based device-agnostic design. Instant Games is a brilliant implementation of the Progressive Web Apps ecosystem.
  • Facebook paid $19 billion for WhatsApp. It is only fair that WhatsApp users start accepting that nothing is free forever in this life.

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