Bullish Case: AGX's significant historical price increase from $36.95 to $61.21 in two years highlights strong underlying strength. Continued mean reversion and stable dividends offer sustained upside potential.


Bearish Case: Persistent lower revenues and looming solar disturbances pose significant risks to AGX's operational stability, potentially leading to further price declines amid high volatility.


Potential Outcomes:

1. Dividend increase boosting stock short-term: 80%.

2. Lower revenues causing further declines: 60%.

3. Sideways movement on mixed signals: 40%.


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April 25, 2024


Argan Forecast

AGX        Argan
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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