Top Technology Stock Picks Based on Big Data: Returns up to 230.03% in 1 Year
Top Technology Stock Picks
This Tech Stock picks 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 Year (9/1/19 – 9/1/20)
I Know First Average: 60.83%
In this 1 Year forecast for the Tech Stocks Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The highest trade return came from NVDA, at 230.03%. Further notable returns came from SWKS and NVMI at 94.58% and 94.12%, respectively. The package itself saw an overall return of 60.83%, providing investors with a 40.32% premium above the S&P 500’s return of 20.51% for the same time period.
NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications
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.