Bullish Case: Potential turnaround leveraged by institutional interest may ignite a rally, exploiting recent mean-reverting signs and market absorption of negative press.


Bearish Case: Historical underperformance, structural challenges, and high volatility suggest further downside amid market skepticism and poor sentiment.


Potential Outcomes:

1) Turnaround success with product innovation and cost cuts (15%);

2) Continued decline on competition, debt strain (50%);

3) Sideways trading on market indecision (35%).


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


April 04, 2024


B&G Foods Forecast

BGS        B&G Foods
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with BGS



SILK Forecast + Options Trading Strategies   SILK  Silk Road Medical (0.91)


D Forecast + Options Trading Strategies   D  Dominion Energy (0.9)


ALK Forecast + Options Trading Strategies   ALK  Alaska Air (0.89)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (0.89)


EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to BGS



NAIL Forecast + Options Trading Strategies   NAIL  Direxion Daily Homebuilders & Supplies Bull 3X Shares (-0.0)


ARKK Forecast + Options Trading Strategies   ARKK  ARK Innovation (0.0)


HUM Forecast + Options Trading Strategies   HUM  Humana (0.0)


CIFR Forecast + Options Trading Strategies   CIFR  Cipher Mining (0.0)


NGD Forecast + Options Trading Strategies   NGD  New Gold (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BGS



IMVT Forecast + Options Trading Strategies   IMVT  Immunovant (-0.75)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.75)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.78)


OLMA Forecast + Options Trading Strategies   OLMA  Olema Pharmaceuticals (-0.78)


HDSN Forecast + Options Trading Strategies   HDSN  Hudson Technologies (-0.8)


BGS News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






Become a more profitable investor with AI optimized trading strategies






×

Chat with BGS


 Ask any question about BGS!