Apple Stock Forecast For the Short Term
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: 3 Days (02/26/16 – 03/01/16)
I Know First Average: 4.99%
The algorithm correctly predicted 9 of 10 stocks for the Computer Industry package on the 3-day time horizon from February 26th. The top performing stock was BIDU with a return of 13.89% in just 3 days. The average return from this package was 4.99%, offering an advantage to investors over the S&P 500 which returned only 1.37% for the same time period.
Baidu, Inc. (BIDU) provides Internet search services in China and internationally. It offers Chinese language search platform on its website that enables users to find relevant information online. Available information includes Web pages, news, images, documents, and multimedia files through links provided on its Website. Company share prices climbed after fourth quarter revenues were revealed to be $2,887 million, outpacing the Zacks Consensus Estimate of $2,731 million.
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.