Tech Stocks

This Tech Stock forecast is based on stock picking strategies for investors and analysts who need predictions for the 10 best tech stocks in the Technology Industry (see Tech Stocks Package). It includes 20 stocks with bullish and bearish signals:

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

Package Name: Tech Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Year (9/10/20 – 9/10/21)
I Know First Average: 43.29%

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Tech Stocks Forecast Package for the 1 Year time period. The top-performing prediction in this forecast was ON, which registered a return of 114.89%. NVDA and COMM followed with returns of 76.78% and 50.26% for the 1 Year period. The package had an overall average return of 43.29%, providing investors with a premium of 12.12% over the S&P 500’s return of 31.17% during the same period.

ON Semiconductor Corporation, incorporated on June 22, 2000, offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. The Company’s segments include Power Solutions Group, Analog Solutions Group and Image Sensor Group. The Company’s power management and motor driver semiconductor components control, convert, protect and monitor the supply of power to the different elements within a range of electronic devices. Its custom application specific integrated circuits (ASICs) use analog, microcontroller Unit (MCU), digital signal processor (DSP), mixed-signal and logic capabilities to act as the brain behind many of its automotive, medical, aerospace/defense, consumer and industrial customers’ products. Its signal management semiconductor components provide clock management and data flow management for precision computing, communications and industrial systems. Its portfolio of sensors, optical image stabilization and auto focus devices provide solutions for automotive, wireless, industrial and consumer applications. Its standard semiconductor components serve as building blocks within virtually all types of electronic devices.

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.