This Computer Industry Stocks forecast is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy in the computer industry:
Top 10 Computer Industry stocks for the long position
Top 10 Computer Industry stocks for the short position
Package Name: Computer Industry Stocks
Forecast Length: 14 Days (03/11/16 – 03/25/16)
I Know First Average: 7.46%
Of the top stocks in the long position for this forecast, 8 stocks increased as predicted by the algorithm. The top-earning stock was DDD with a 30.04% return for the 2 weeks. SIFY also had a strong couple of weeks, bringing investors returns of 23.30%. The package returned 7.46% overall while the S&P 500 returned 2.33% for the period.
3D Systems Corporation (DDD) provides 3D printing products and services worldwide. The company’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, metal, nylon, rubber, wax, and composite materials. In the fourth quarter of last year, the company’s earnings beat estimates by 16 cents per share. The company’s stock has grown 66% since the start of 2016.
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.
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