Apple Stock Outlook
Package Name: Tech Stocks
Forecast Length: 1 Year (9/29/14 – 9/29/15)
I Know First Average: 12.04% (Long) & 16.01% (Short)
The Tech Stocks Package forecast from 9/29/2014 included the top 10 stocks for both the long and short positions. The most exciting stock for the long position was NFLX with a return of 53.42%. Other top performing stocks from the forecast were CTSH and CRM with astonishing returns of 20.44% and 9.67% respectively. For the short position, the top performing stock was AIXG which decreased 62.92% and second top performer stock was ATI which decreased 62.89% as the algorithm correctly predicted. The average return for the long position was 12.04%, while the average return for the short position was 16.01%. These average returns significantly outperformed the S&P 500 return of -4.98% during the same time horizon.
Netflix, Inc. (NFLX), an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. Soon it will also be available on your car as the 4G LTE technology advances into various automotive companies production line. This will revolutionize your driving experience in which Netflix has already taken a seat to create “Netflix and Chill” button that has many abilities like turning on the TV, bring you to your Netflix homepage, dim your lights, silence your phone and order food all from the commodity of your seat. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, 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 algorithmic traders.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.