Top Technology Stocks Based on Stock Prediction Algorithm: Returns up to 130.22% in 1 Year

January 6, 2021

Top Technology Stocks

This Tech Stock 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

Tech Stocks 165
Package Name: Tech Stocks Forecast
Recommended Positions: Long
Forecast Length: 1 Year (1/5/20 – 1/5/21)
I Know First Average: 69.95%
Top Technology Stocks
Top Technology Stocks chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Tech Stocks Forecast Package for this 1 Year forecast. IAC was the highest-earning trade with a return of 130.22% in 1 Year. NVDA and NVMI followed with returns of 127.13% and 88.46% for the 1 Year period. With these notable trade returns, the package itself registered an average return of 69.95% compared to the S&P 500’s return of 15.21% for the same period.

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally. It operates through six segments: Match Group, HomeAdvisor, Video, Applications, Publishing, and Other.

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.

Tech Stocks Forecast