After the 2016 US President election, Apple has recovered from its initial loss. The company still reports strong fundamentals to assure its shareholders of the company's vaIue and stability. The service segment has grown impressively. Such growth rate is giving investors optimism in the company's long-term forecasts. I Know First published a bullish forecast on December 15, 2016. Since the forecast's release, AAPL shares have increased by 30%.
As a leader in social media, Facebook continues to impress the market. In a bid to expand further, FB has been expanding its features to now order food online. Giving users this option will not only benefit Facebook's usage, but would also give a boost in restaurant sales through the convinience of online ordering. I Know First's self-learning algorithm had forecasted a bullish prediction on FB shares on May 19, 2017. In accordance with the algorithm's predictions, FB shares have risen by 16.79%.
On January 10, 2017, I Know First's algorithm forecasted a long position for NFLX. Netflix's aggressive expansion along with its significant investment to release more original contents has made this company one of the hottest stock in the tech industry. Despite Netflix not being acquired after rumors circulated of a takeover, the stock continues to rise. Since I Know First released the forecast, the stock has increased by 40.54%.
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