ATO Forecast


Bullish Case: Amid expected interest rate cuts, ATO's solid dividend yield and growth in storage and distribution operations present upside potential, especially with institutional investor support.


Bearish Case: Rising inflation and rate cut uncertainties may increase market volatility, potentially impacting capital-intensive utility stocks like ATO negatively.


Potential Outcomes: A 40% chance ATO rises with infrastructure investments and dividends. A 30% chance inflation fears cause a drop. A 30% chance it trades sideways amid uncertainty.


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April 12, 2024


Atmos Energy Forecast

ATO        Atmos Energy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with ATO



XLU Forecast + Options Trading Strategies   XLU  Utilities Select Sector SPDR (0.88)


D Forecast + Options Trading Strategies   D  Dominion Energy (0.85)


CNP Forecast + Options Trading Strategies   CNP  Centerpoint Energy (0.84)


DTE Forecast + Options Trading Strategies   DTE  DTE Energy (0.83)


EQR Forecast + Options Trading Strategies   EQR  Equity Residential Properties (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to ATO



COOP Forecast + Options Trading Strategies   COOP  Mr. Cooper (0.0)


SIG Forecast + Options Trading Strategies   SIG  Signet Jewelers (0.0)


FNKO Forecast + Options Trading Strategies   FNKO  Funko (0.0)


ERX Forecast + Options Trading Strategies   ERX  Direxion Daily Energy Bull 2X Shares (-0.0)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ATO



DLO Forecast + Options Trading Strategies   DLO  DLocal (-0.54)


TIGR Forecast + Options Trading Strategies   TIGR  UP Fintech (-0.58)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.58)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (-0.61)


UUUU Forecast + Options Trading Strategies   UUUU  Energy Fuels (-0.65)





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