Bullish Case: AWK's strategic investments in infrastructure and consistent dividend increases suggest strong fundamentals and growth potential, despite short-term volatility.


Bearish Case: Recent insider selling, elevated P/E ratio, and market volatility amidst rising interest rates indicate possible downward pressure on AWK's stock price.


Potential Outcomes:

1. infrastructure investments drive growth, 50% chance.

2. High valuation triggers sell-off, 30%.

3. Market volatility leads to price fluctuations, 20%.


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March 28, 2024


American Water Works Forecast

AWK        American Water Works
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with AWK



BCE Forecast + Options Trading Strategies   [BCE]  BCE (0.93)


AUPH Forecast + Options Trading Strategies   [AUPH]  Aurinia Pharmaceuticals (0.93)


ADC Forecast + Options Trading Strategies   [ADC]  Agree Realty (0.93)


BMBL Forecast + Options Trading Strategies   [BMBL]  Bumble (0.92)


NOVA Forecast + Options Trading Strategies   [NOVA]  Sunnova Energy International (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to AWK



BUD Forecast + Options Trading Strategies   [BUD]  Anheuser-Busch (0.0)


NCLH Forecast + Options Trading Strategies   [NCLH]  Norwegian Cruise Line (-0.0)


ARI Forecast + Options Trading Strategies   [ARI]  Apollo Commercial Real Estate Finance (-0.01)


TSCO Forecast + Options Trading Strategies   [TSCO]  Tractor Supply (-0.01)


RNA Forecast + Options Trading Strategies   [RNA]  Avidity Biosciences (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AWK



FANG Forecast + Options Trading Strategies   [FANG]  Diamondback Energy (-0.85)


FRO Forecast + Options Trading Strategies   [FRO]  Frontline (-0.85)


SFM Forecast + Options Trading Strategies   [SFM]  Sprouts Farmers Market (-0.85)


LBRT Forecast + Options Trading Strategies   [LBRT]  Liberty Oilfield Services (-0.87)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.91)





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