Top Pharma Stocks Based on Big Data: Returns up to 175.9% in 3 Months
Top Pharma Stocks
This stock forecast is designed for investors and analysts who need predictions of the best stocks for the whole Pharmaceutical sector (see Pharma Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to trade:
- Top 10 Pharmaceutical stocks for the long position
- Top 10 Pharmaceutical stocks for the short position
Package Name: Pharma Stocks Forecast
Recommended Positions: Long
Forecast Length: 3 Months (5/19/24 – 8/19/24)
I Know First Average: 24.45%
6 out of 10 stock prices in this forecast for the Pharma Stocks Forecast Package moved as predicted by the algorithm. SMMT was the top performing prediction with a return of 175.9%. TGTX and SAVA saw outstanding returns of 52.85% and 31.75%. The package had an overall average return of 24.45%, providing investors with a premium of 18.70% over the S&P 500’s return of 5.75% during the same period.
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.