Top 10 Biotech Stocks

This Biotech Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Biotechnology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to buy:

• Top 10 biotech stocks for the long position
• Top 10 biotech stocks for the short position

Package Name: Industry Package – Biotech Stocks
Forecast Length: 1 Month (7/10/15 – 8/10/15)
I Know First Average: 8.05%

I Know First’s 1 month forecast from the Biotech Package had 5 of the 10 stocks increase in accordance with the Stock Market Algorithm prediction. EXEL performed phenomenally well, returning 74.34% during the one month time horizon as the algorithm indicated. Likewise, VRTZ and TECH were also included in the top 10 picks of the industry forecast and had strong returns of 15.50% and 12.05% respectively over one month. The average return of 8.05% during the forecasted time horizon outperformed the S&P 500 average return of 2.58% during the same period.

Exelixis Inc. (EXEL) saw its stock prices increase nearly 50% after they reported positive top-line data from its METEOR trial a couple of weeks ago. Besides that, the company generally performed better than expected during the last month and investors are feeling confident about the company’s near future.

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 algorithmic traders.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.