Tech Stocks Based on Algo Trading: Returns up to 61.34% in 1 Year

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

Tech Stocks 165
Package Name: Tech Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Year (1/1/23 – 1/1/24)
I Know First Average: 26.19%
Tech Stocks
Tech Stocks chart

During the 1 Year forecasted period several picks saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. URI was the top performing prediction with a return of 61.34%. Further notable returns came from TWLO and ETN at 54.96% and 53.44%, respectively. This algorithmic forecast package presented an overall return of 26.19% versus the S&P 500’s performance of 24.23% providing a market premium of 1.96%.

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.