Best Pharma Stocks

This stock forecast is designed for investors and analysts who need predictions of the best stocks for the whole Pharmaceutical sector (see Pharma Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to trade:

• Top 10 Pharmaceutical stocks for the long position
• Top 10 Pharmaceutical stocks for the short position

Package Name: Pharma Stocks Forecast
Recommended Positions: Long
Forecast Length: 3 Months (11/26/23 – 2/26/24)
I Know First Average: 27.47%

During the 3 Months forecasted period several picks in the Pharma Stocks Forecast Package saw significant returns. The algorithm has correctly predicted 7 out of 10 returns. MGNX was the top performing prediction with a return of 124.13%. ALXO and IDYA also performed well for this time horizon with returns of 86.09% and 44.31%, respectively. The package itself saw an overall return of 27.47%, providing investors with a 16.28% premium above the S&P 500’s return of 11.19% for the same time period.

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

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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