Top 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: 1 Month (1/26/24 – 2/27/24)
I Know First Average: 30.28%

The algorithm correctly predicted 8 out of 10 the suggested trades in the Pharma Stocks Forecast Package for this 1 Month forecast. VINC was our best stock pick with a return of 255.26%. Other notable stocks were MGNX and RARE with a return of 34.84% and 18.59%. The overall average return in this Pharma Stocks Forecast package was 30.28%, providing investors with a 26.52% premium over the S&P 500’s return of 3.76% during the same 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.