Top Technology Stock Picks Based on Algorithmic Trading: Returns up to 17.89% in 14 Days

Top Technology Stock Picks

This Tech Stock forecast is based on stock picking strategies for investors and analysts who need 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

Tech Stocks 165
Package Name: Tech Stocks Forecast
Recommended Positions: Long
Forecast Length: 14 Days (7/6/2020 – 7/20/2020)
I Know First Average: 5.48%
Top Technology Stock Picks
Top Technology Stock Picks chart

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. The top performing prediction from this package was PLT with a return of 17.89%. SOHU and YNDX saw outstanding returns of 14.98% and 12.11%. The package had an overall average return of 5.48%, providing investors with a premium of 1.59% over the S&P 500’s return of 3.89% 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.