Top Technology Stock Picks Based on Algo Trading: Returns up to 34.11% in 1 Month
Top Technology Stock Picks
This Top Technology Stock Picks forecast is designed for investors and analysts who need predictions for the best stocks to invest in the Tech Giants sector (see Tech Giants Stocks Package). It includes 20 stocks with bullish and bearish signals:
- Top 10 Tech Giants’ stocks for the long position
- Top 10 Tech Giants’ stocks for the short position
Package Name: Tech Giants Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Month (8/2/24 – 9/2/24)
I Know First Average: 8.41%
For this 1 Month forecast the algorithm has successfully predicted 10 out of 10 movements. The prediction with the highest return was FTNT, at 34.11%. PYPL and ERIC saw outstanding returns of 10.9% and 9.88%. The package had an overall average return of 8.41%, providing investors with a 4.71% premium over the S&P 500’s return of 3.7% during the period.
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.