Top Tech Stocks Based on Algo Trading: Returns up to 119.51% in 1 Month

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. 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

Tech Stocks 165
Package Name: Tech Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Month (10/20/24 – 11/20/24)
I Know First Average: 21.59%
Top Tech Stocks
Top Tech Stocks chart

There were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. The top performing prediction from this package was MSTR with a return of 119.51%. PLTR and SHOP had notable returns of 44.57% and 25.71%. The package had an overall average return of 21.59%, providing investors with a premium of 20.70% over the S&P 500’s return of 0.89%.

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.