Tech Stocks To Buy Based on Algorithmic Trading: Returns up to 27.27% in 1 Month

Tech Stocks To Buy

This Tech Stock forecast is based on stock picking strategies for investors and analysts who need predictions for the 10 best tech stocks to buy 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 Month (12/11/20 – 1/12/21)
I Know First Average: 9.61%
Tech Stocks To Buy
Tech Stocks To Buy chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Tech Stocks Forecast Package for this 1 Month forecast. COHU was the top performing prediction with a return of 27.27%. Additional high returns came from CRS and ATI, at 17.95% and 12.39% respectively. The package itself saw an overall return of 9.61%, providing investors with a 5.98% premium above the S&P 500’s return of 3.63% for the same time period.

Cohu, Inc., through its subsidiaries, engages in the development, manufacture, sale, and servicing of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors, and thermal sub-systems for semiconductor manufacturers and test subcontractors worldwide. It offers pick-and-place handlers; thermal handler for microprocessors, graphics processors, and other integrated circuits; pick-and-place platform for fabless and outsourced semiconductor assembly and test customers, as well as for integrated device manufacturers; a platform for assembly automation; gravity-feed and test-in-strip handlers; and turret handler for testing and inspection of integrated circuits, LEDs, and discrete 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.