Tech Stocks To Buy Based on Algorithmic Trading: Returns up to 183.25% in 1 Year
Tech Stocks To Buy
This Tech Stocks To Buy 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 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: 1 Year (11/17/23 – 11/18/24)
I Know First Average: 42.48%
The algorithm correctly predicted 8 out of 10 the suggested trades for this 1 Year forecast. The top-performing prediction in this forecast was NVDA, which registered a return of 183.25%. AAOI and AVGO saw outstanding returns of 112.94% and 72.65%. The package’s overall average return was 42.48%, providing investors with a 11.75% premium over the S&P 500’s return of 30.73% during the same period.
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.