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: 1 Month (10/22/21 – 11/23/21)
I Know First Average: 6.62%

For this 1 Month forecast the algorithm had successfully predicted 7 out of 10 movements. The highest trade return came from AOSL, at 39.52%. Other notable stocks were NVMI and UMC with a return of 27.21% and 9.16%. This algorithmic forecast package presented an overall return of 6.62% versus the S&P 500’s performance of 3.1% providing a market premium of 3.52%.

Alpha and Omega Semiconductor Limited, incorporated on September 27, 2000, is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s portfolio of products focuses high-volume applications, including personal computers, flat panel televisions, light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for television, computers, servers and telecommunications equipment. The Company sells its products primarily to distributors in the Asia Pacific region, who in turn sell these products to end customers. The Company conducts its operations primarily in the United States, Hong Kong, China, Taiwan, Korea and Japan.

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.