Tech Stocks

This forecast is designed for investors and analysts who need predictions for the best stocks to invest in the Tech Giants sector (see Tech Giants Stocks Package). It includes 20 tech stocks with bullish and bearish signals:

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

Package Name: Tech Giants Stocks Forecast
Recommended Positions: Long
Forecast Length: 7 Days (2/12/2020 – 2/19/2020)
I Know First Average: 4.21%

9 out of 10 stock prices in this forecast for the package moved as predicted by the algorithm. The highest trade return came from NVDA, at 17.47%. Other notable stocks were MU and AMAT with a return of 4.79% and 4.59%. This algorithmic forecast package presented an overall return of 4.21% versus S&P 500’s performance of 0.85% providing a market premium of 3.36%.

NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications

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.