Stock Market Forecasting Based on Machine Learning: Returns up to 75.13% in 1 Year

Stock Market Forecasting

The Computer Industry Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Computer Industry. 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

Computer Industry
Package Name: Computer Industry Stocks
Recommended Positions: Long
Forecast Length: 1 Year (01/08/2017 – 01/08/2018)
I Know First Average: 32.69%

 

Stock Market Forecasting

8 out of 10 stock prices in this forecast for the Computer Industry Stocks Package moved as predicted by the algorithm. CDNS was our best stock pick this week a return of 75.13%. AAPL and HPQ followed with returns of 50.26% and 49.81% for the 1 Year period. The package saw an overall yield of 32.69% versus the S&P 500’s return of 20.67% implying a market premium of 12.02%.

Cadence Design Systems, Inc. provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide. It offers functional verification, including emulation and prototyping hardware. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, 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 subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

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