RIOT Stock Forecast: Rise by 1391.07% YTD as Bitcoin Price Reaches All-Time High

This RIOT stock forecast article was written by Maria Grishaev, Analyst at I Know First.

Executive Summary

  • With Bitcoin hitting its all-time high, Riot Blockchain Inc had an extremely good year in 2020 with their stock gaining 1391.07% YTD while the S&P 500 had risen by only 15.58%.
  • The recent purchase of new equipment will increase the company’s bitcoin mining hash rate capacity. The recent change in the board of directors also affected the stock price.
  • Based on the SWOT analysis, my price target for RIOT is 22$, indicating a cautious buy recommendation.

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UAL Stock Forecast: Buy United Airlines Stock While Its Down

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

Summary:

  • Airlines are all still struggling to recover from COVID-19, with many investors believing they will not fully rebound until a vaccine is discovered.
  • Despite this, passenger capacity is expected to increase to 25% of its 2019 level in July, compared to 10% available capacity in May and June.
  • Although the company reported an adjusted net loss of $639 million and pre-tax loss of $1.0 billion in Q1, during the month of June the stock has increased, leading me to my buy option.

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Interview With I Know First CEO Yaron Golgher Featured In RE:WORK Article

RE:WORK recently posted an article about The A.I Gold Mine and Predicting Stock Market Success that features an interview with I Know First CEO Yaron Golgher. In the article, Golgher discusses I Know First, including information about what we do here and our unique team; where he expects deep learning to create the biggest impact and expected advancements in the area; the challenges of applying deep learning to the financial field; what makes the I Know First algorithm special; and much more!

The article was posted on RE:WORK’s website in advance of the AI in Finance Summit

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Stock Forecast Based On A Predictive Algorithm: Up To 19.97% Return In 3 Days

Package Name: Small Cap Stocks
Forecast Length: 3 Days (8/10/15 - 8/13/15)
I Know First Average: 6.15%

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stock forecast based on a predictive algorithm