Top Technology Stock Picks

This Tech Stock forecast is based on stock picking strategies for investors and analysts who need predictions for the 10 best technology stock picks 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 (5/10/2020 – 6/10/2020)
I Know First Average: 17.16%

During the 1 Month forecasted period several picks in the Tech Stocks Forecast Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The top-performing prediction in this forecast was INVE, which registered a return of 32.65%. Further notable returns came from EBIX and CAMP at 27.71% and 21.82%, respectively. The package had an overall average return of 17.16%, providing investors with a 8.27% premium over the S&P 500’s return of 8.89% during the period.

Identiv, Inc. (INVE) develops and manufactures physical access control, identity management, and radio frequency identification systems. The Company’s products are used in corporate employee identification (ID) cards, company email, information technology networks and facility access control, in national ID cards and passports, transport passes, banking and other uses.

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.