This Best Technology Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:
Top 10 tech stocks for the long position
Top 10 tech stocks for the short position
Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 3 Days (5/24/2016 – 5/27/2016)
I Know First Average: 5.32%
The risk-conscious 3 day forecast accurately predicted 10 out of 10 stocks. The Top Performer was CICHF, which returned 13.70% during 3 day time horizon. IDCBF and TCTZF were also strong picks, returning 11.82% and 7.61%, respectively. The Average for this forecast was 5.32%, outperforming the S&P return of 2.49%.
China Construction Bank Corporation is one of the “big four” banks in the People’s Republic of China. In 2015 CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank’s stocks have been on the rise as of late due their recent strategic cooperation agreement with HNA Group under which China Construction Bank is to provide a credit facility amounting to RMB30 billion to HNA Group.
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.