Top Stock Research: Up to 77.38% Return Over 1 Year

Top Stock Research

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:

  • Top 10 tech stocks for the long position
  • Top 10 tech stocks for the short position

Package Name: Tech Stocks
Recommended Positions: Long & Short
Forecast Length: 1 Year (07/28/14 – 07/28/15)
I Know First Average: 28.24% Long; 22.76% Short

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Top Stock Research

In the recent 07/28/14 forecast that was part of the Tech Stocks package, eight of the ten stocks for the long position increased in accordance with the algorithm’s prediction, and nine of the ten stocks decreased for the short positions. The top performing stock for the long position was NFLX with a spectacular return of 77.38%, while ACLS and AMZN also had phenomenal returns of 64.16% and 62.35% respectively. For the short position, the stock that decreased the most was AMD with a loss of -52.93%, whilst MU and FSLR also posted significant losses of -40.90% and -32.27% as the algorithm predicted. The average returns for the long and short positions were 28.24% and 22.76%, both of which were over four times greater than the S&P 500 return of 5.81% during the same time period.

Axcelis Technologies Inc. (ACLS) stock came off the lows in trading years 2014/2015 to reach its current trading price of $2.84. Axcelis Tech manufacturing company, producing state of the art capital equipment required for the creation of semiconductors. Semiconductors are a vital part of practically every industry and nearly every hot product, putting Axcelis in a good position to benefit from economic expansion. In Marchhe market reacted very positively to news that Axcelis had partners with Vertex Capital, an entrepreneur advisory company known for its success in raising shareholder value for small companies. The new nine member board of directors at Axcelis was selected in conjunction with Vertex suggestions, and includes two Vertex heavy hitters: Richard J. Faubert and John T. Kurtzweil.

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.