Top Biotech Stocks Based on Big Data Analytics: Returns up to 93.48% in 3 Months

Top Biotech Stocks

The 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: 3 Months (11/10/2019 – 2/11/2020)
I Know First Average: 20.77%
Top Biotech Stocks
Top Biotech Stocks chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the Biotech Stocks Forecast Package for this 3 Months forecast. MNTA was the highest-earning trade with a return of 93.48% in 3 Months. Further notable returns came from INSM and IMGN at 61.46% and 49.55%, respectively. The Biotech Stocks Forecast package had an overall average return of 20.77%, providing investors with a premium of 12.21% over the S&P 500’s return of 8.56%.

Momenta Pharmaceuticals, Inc., incorporated on May 17, 2001, is a biotechnology company. The Company is focused on developing generic versions of drugs, biosimilars and therapeutics for oncology and autoimmune disease. The Company has developed generic version of LOVENOX (enoxaparin sodium injection) and COPAXONE (glatiramer acetate injection).

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.