The stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s May 31st, 2015 stock forecast titled "Machine Learning Trading: Up To 102.11% in 3 Months". This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” return was 23.36% over 3 months versus the S&P 500’s return of 0.50% over the same time period.
NETFLIX Stock PredictionsNetflix, Inc. (NFLX) is trading at all time highs, as the stock price has increased over 82% so far this year alone.I Know First predicted has had a bullish outlook for Netflix over that same time period, first writing about the stock on January 9th. With the stock price increasing so much in the past five months, it makes sense that some investors would look to sell the stock to cash in on their gains. This would be a mistake, though, as the stock price is only going to continue to climb. Algorithmic Analysis The three-month and one-year forecasts for Netflix are both bullish, with the one-year forecast especially impressive. The bullish forecasts make sense, as the stock price has stagnated recently following the massive gains it has made since the beginning of the year.
Package Name: Industry Package – Tech Stocks Recommended Positions: Long & Short Forecast Length: 1 Year (5/29/14 – 5/29/15) I Know First Average: 28.77% long; 13.04% short
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