Top Rated Stocks

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

Package Name: Tech Stocks
Forecast Length: 7 days (10/14/15 – 10/21/15)
I Know First Average: 1.93% (Long) and 7.81% (Short)

In the I Know First’s 7 day forecast from the Tech Stocks package eight out of the ten stocks increase in the long position and six out of ten increase in the short position in accordance with the algorithm’s prediction. CSUN, NPTN and EBIX performed well in the long position, returning 8.06, 9.38 and 7.56% respectively during the time horizon as the algorithm indicated. Likewise for the short position, ATI, ACI and AKS were also included in the top 10 picks and had strong returns of -24.30%, – 16.19%  and -10.92% over 7 days. The average return of I Know First was 1.93% (Long) and 7.81% (Short) during the forecasted time horizon outperformed the S&P 500 return of 0.76%.

Allegheny Technologies Incorporated (ATI), is a specialty materials and components producer. The Company’s standard products include specialty stainless sheet, stainless steel sheet and stainless steel plate.  Despite having a  strong week, Allegheny has struggled quite a bit recently, by dropping 26% in September. The reason for Allegheny decline, is that they’ve in spending mode, during a time where there has a global oversupply of steel crimping prices across the industry.

Algorithmic traders utilise 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