Top Stock Picks Using An Algorithm: Up to 129.03% Return in 3 Months

Top Stock Picks

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 (5/10/15 – 8/10/15)
I Know First Average: 28.00%

top stock picks

Nine of the 10 stocks included in the Biotech Industry Package forecast from 05/10/2015 increased in accordance with the algorithm’s prediction for the 3 month time horizon. The top performing stocks were Sarepta Therapeutics, Inc. (SRPT) and Exelixis, Inc. (EXEL), with incredible returns of 129.03% and 74.34% respectively. Dr. Reddy’s Laboratories Ltd. (RDY) also posted outstanding returns of 28.42% during that time period, offering large returns to investors. Investors using the I Know First service who invested evenly in these stocks would have outperformed the S&P 500 average of -0.56% by 28.44% during the predicted time horizon.

Sarepta Therapuetics, Inc. (SRPT) .  Their stock price shot up drastically in mid-May following a conference with the FDA in which they were granted approval to file an NDA for its Duchenne muscular dystrophy treatment, Eteplirsen.  Share prices continue to rise as the company announced submission of the NDA for Eteplirsen at the end of June.  At that time, they also announced that they secured $40 million of debt financing which will help them through the costly final phases of the drug trial.

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.

How to interpret this diagram

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