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: 3 Days (7/28/21 – 7/31/21)
I Know First Average: 3.52%

In this 3 Days forecast for the Tech Giants Stocks Forecast Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. TEL was the top performing prediction with a return of 7.13%. Other notable stocks were CTSH and NXPI with a return of 6.37% and 6.25%. The package saw an overall yield of 3.52% versus the S&P 500’s return of -0.14% implying a market premium of 3.66%.

TE Connectivity Ltd. (TEL), together with its subsidiaries, engages in the design, manufacture, and sale of connectivity and sensors solutions primarily in Switzerland. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment primarily provides terminals and connector systems, sensors, and relays, as well as application tooling and wires and heat shrink tubing for use in the automotive, commercial transportation, and sensor markets. The Industrial Solutions segment offers terminals and connector systems, relays, and wires and cables, as well as heat shrink tubing for industrial equipment, aerospace, defense, oil and gas, and energy markets. The Communications Solutions segment supplies electronic components, such as terminals and connector systems and components, undersea telecommunication systems, circuit protection devices, antennas, relays, and heat shrink tubing for the data and devices, Subsea communications, and appliances markets. TE Connectivity Ltd. (TEL) offers its products to approximately 150 countries primarily through direct selling to manufacturers, as well as through third-party distributors. It has a collaboration agreement with 3D Glass Solutions Inc. for the development of electronic interconnect devices using glass-based system-in-package technology. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity Ltd. (TEL) in March 2011. TE Connectivity Ltd. was incorporated in 2000 and is based in Schaffhausen, Switzerland.

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.