Top Biotechnology 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: Biotech Stocks
Forecast Length: 3 Months (5/07/15 – 8/07/15)
I Know First Average: 28.12%

I Know First’s three-month forecast from the Biotech Package had 8 of the 10 stocks increase in accordance with the Stock Market Algorithm prediction. SRPT performed phenomenally well, returning 119.92% during the three-month time horizon as the algorithm indicated. Likewise, EXEL and RDY were also included in the top 10 picks of the industry forecast and had strong returns of 10o.00% and 28.87% respectively over three months. The average return of 15.03% during the forecasted time horizon easily outperformed the S&P 500 average return of -0.12% during the same time.

The biopharmaceutical company Sarepta Therapeutics Inc. (SRPT) successfully completed its application to the FDA, for the approval of its Duchenne muscular dystrophys drug. There was also another good news when CFO Sandy Mahatmeon announced a new $40 million loan. Following that news the stock prices increased dramatically.

The genomics-based drug discovery company Exelixis Inc. (EXEL) received some terrific news three weeks ago when the company’s late-stage kidney cancer study received positive feedback and thus met its primary endpoint of progression-free survival. Stocks rose almost 50% that day.

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.

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