Apple Stock Price Predictions
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 (05/19/16 – 06/02/16)
I Know First Average: 10.19%
As predicted by the algorithm, all top 10 stock picks increased during this 2-week forecasting period. MU was our top-performing stock with a return of 30.45%. CYBR, DDD, RAX, and NANO all also had notable returns of 14.44%, 11.35%, 11.03%, and 10.29%. The package saw overall growth of 10.19% compared to the S&P 500’s 2.81% increase.
Micron Technology, Inc. (MU) provides semiconductor systems worldwide. It operates in four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. There are a few reasons that MU stock could be looking at additional growth including the state of the hard drive market, the joint development of 3D XPoint with Intel, and potential growth in the currently depressed DRAM market.
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.