Microsoft stock has been bullish since the appointment of their new CEO, Satya Nadella. For years, the company missed out on new opportunities as they stuck to their past strategy. As a result, their stock price was stagnant and they slowly lost their dominance of the PC market. Nadella has attempted to transition the company, and investors have so far been buying in.
This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry. It includes 10 stocks with bullish and bearish signals and indicates the best tech stocks to buy:
Top 5 tech stocks for the long position
Top 5 tech stocks for the short position
Package Name: Tech Stocks Recommended Positions: Long & Short Forecast Length: 3 Months (9/15/14 – 12/15/14) I Know First Average: 15.62% Get the “Top Tech Stocks” Package.
This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry. 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 Recommended Positions: Short Forecast Length: 14 Days (12/1/14 – 12/15/14) I Know First Average: 8.42% Get the “Top Tech Stocks” Package.
I Know First Review: Stock Picks Based On Algorithms
The stocks selected here are the top performing aggressive stocks from I Know First: Daily Market Forecast’s December 9th, 2014 stock forecast titled Trend Following Strategy: Up To 19.98% (Long) & 37.29% (Short) Return In 3 Months. This forecast is part of the "Tech Stocks" package, as one of I Know First's quantitative investment solutions. The "I Know First Average" return was 15.31% versus a S&P500's return of 2.91% over the same time period. Learn how to read the predictions: Instructions Learn how to strategize with the forecast: Algorithmic Trading StrategiesPlease note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.
This Best Tech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry. 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 Recommended Positions: Long Forecast Length: 1 Year (12/8/13 – 12/8/14) I Know First Average: 34.90% Get the “Top Tech Stocks” Package.
Rackspace stock lost almost half of its value after larger companies introduced cheaper cloud alternatives.
The company has recovered by emphasizing how they are a managed cloud service and not competing with these larger companies.
The I Know First algorithm correctly predicted Rackspace stock would rally.
After the stock price’s increase in recent months, the I Know First algorithm predicts that it has peaked and now is the time to sell.
Rackspace Hosting, Inc., (NYSE: RAX) provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. Founded in 1998 by three Trinity University classmates, the company is headquartered in San Antonio, Texas, with more than 200,000 customers and $1.5 billion in annual revenue. Rackspace is the largest managed cloud company, with technical expertise and their Fanatical Support team allowing companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies. After being a technology stalwart in early years, the company's stock struggled before recently rallying. However, the stock might have reached its peak, and now could be the perfect time to sell.
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