Top Tech Stocks

This Tech Stock forecast is based on stock picking strategies for investors and analysts who need predictions for the 10 best tech stocks in the Technology Industry (see Tech Stocks Package). It includes 20 stocks with bullish and bearish signals:

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

Package Name: Tech Stocks Forecast
Recommended Positions: Long
Forecast Length: 7 Days (10/7/2020 – 10/14/2020)
I Know First Average: 6.1%

The algorithm correctly predicted 9 out 10 of the suggested trades in the Tech Stocks Forecast Package for this 7 Days forecast. PLT was the top performing prediction with a return of 31.89%. Additional high returns came from ON and AMAT, at 13.28% and 5.93% respectively. The overall average return in this Tech Stocks Forecast package was 6.1%, providing investors with a 2.30% premium over the S&P 500’s return of 3.8% during the same period.

Plantronics, Inc. (PLT) designs, manufactures, and markets lightweight communications headsets, telephone headset systems, other communication endpoints, and accessories for the business and consumer markets under the Plantronics brand worldwide. The company also manufactures and markets specialty telephone products under the Clarity brand. Its primary products include corded and cordless communication headsets; audio processors; telephone systems; Bluetooth and corded products; personal computer and gaming headsets; and specialty products for hearing impaired individuals. The company designs its products for various markets and applications, such as enterprise and home offices, contact centers, mobile phones and smartphones, tablets, computer and gaming, residential, and other specialty applications. Plantronics, Inc. (PLT) sells products through a network of distributors, retailers, wireless carriers, resellers, government programs, health care professionals, online retailers, catalog and mail order companies, mass merchants, carriers, system integrators, e-commerce partners, telephony and computer equipment providers, authorized resellers, UC alliances with providers of UC software solutions, and General Services Administration contractor to government agencies in the United States, as well as through direct sales and from its Website. The company was founded in 1961 and is headquartered in Santa Cruz, California.

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.