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: 14 Days (12/22/20 – 1/5/21)
I Know First Average: 3.53%

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Tech Stocks Forecast Package for the 14 Days time period. The highest trade return came from BIDU, at 10.93%. COHU and EBIX followed with returns of 9.46% and 6.91% for the 14 Days period. This algorithmic forecast package presented an overall return of 3.53% versus S&P 500’s performance of 0.86% providing a market premium of 2.67%.

Baidu, Inc. provides Internet search services in China and internationally. It operates through three segments: Search Services, Transaction Services, and IQiyi. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, including Web pages, news, images, documents, and multimedia files through links provided on its Website; and transaction platform, including Nuomi.com to connect online and offline services provided by third-parties

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.