Bullish Case: CEO Peisert's strategies may finally counter generic competition, leading to a potential surprise rebound if the firm secures significant positive updates.


Bearish Case: Continued legal challenges, CEO departure, and failure to adapt to generic competition suggest further downside risk for ASRT.


Potential Outcomes: 30% chance of rebound on positive legal outcome or strategic success; 70% likelihood of further decline due to ongoing lawsuits, executive turnover, and competitive pressures.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 02, 2024


Assertio Forecast

ASRT        Assertio
Price Forecast: NEUTRAL    Price Action: TRENDING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with ASRT



ZTO Forecast + Options Trading Strategies   ZTO  ZTO Express (Cayman) (0.95)


PFE Forecast + Options Trading Strategies   PFE  Pfizer (0.95)


NAPA Forecast + Options Trading Strategies   NAPA  Duckhorn Portfolio (0.94)


LIT Forecast + Options Trading Strategies   LIT  Global X Lithium & Battery Tech (0.94)


PRTA Forecast + Options Trading Strategies   PRTA  Prothena (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to ASRT



SIGA Forecast + Options Trading Strategies   SIGA  SIGA (0.0)


LMND Forecast + Options Trading Strategies   LMND  Lemonade (0.0)


GNR Forecast + Options Trading Strategies   GNR  Active Trust - SPDR S&P Global Natural Resources (0.01)


GCI Forecast + Options Trading Strategies   GCI  Gannett (0.01)


OHI Forecast + Options Trading Strategies   OHI  Omega Healthcare Investors (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ASRT



CAMT Forecast + Options Trading Strategies   CAMT  Camtek (-0.94)


CLS Forecast + Options Trading Strategies   CLS  Celestica (-0.94)


CBOE Forecast + Options Trading Strategies   CBOE  Cboe Global Markets (-0.94)


UEC Forecast + Options Trading Strategies   UEC  Uranium Energy (-0.95)


AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (-0.95)





Become a more profitable investor with AI optimized trading strategies






×

Chat with ASRT


 Ask me any question!