Top Biotech Stocks Based on AI: Returns up to 37.62% in 7 Days

Top Biotech Stocks

The BioTech Stocks Package is designed for investors and analysts who need predictions of the best stocks to buy for the whole Biotechnology Industry. It includes 20 stocks with bullish and bearish signals and indicates the best biotech stocks to trade:

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

BioTech Stocks
Package Name: Biotech Stocks Forecast
Recommended Positions: Long
Forecast Length: 7 Days (7/15/2020 – 7/22/2020)
I Know First Average: 13.24%
Top Biotech Stocks
Top Biotech Stocks chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Biotech Stocks Forecast Package for this 7 Days forecast. The top performing prediction from this package was OPK with a return of 37.62%. Further notable returns came from NVAX and ACOR at 33.17% and 21.64%, respectively. The package’s overall average return was 13.24%, providing investors with a 10.78% premium over the S&P 500’s return of 2.46% during the same period.

OPKO Health, Inc., incorporated on November 18, 1991, is a diversified healthcare company. The Company’s segments include Pharmaceutical, Diagnostics and Corporate. The pharmaceutical segment consists of the pharmaceutical operations in Chile, Mexico, Ireland, Israel and Spain and its pharmaceutical research and development operations. The diagnostics segment primarily consists of the clinical laboratory operations in Bio-Reference Laboratories (Bio-Reference) and its point-of-care operations.

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.