Bullish Case: Expansion goals, strategic acquisitions like Hillco, and consistent revenue growth support optimism. Recent insider sales may reflect profit-taking, not lack of confidence.


Bearish Case: Insider sales and market volatility pose risks. Potential overvaluation at a P/B of 4.8 and uncertain broader market conditions could pressure the stock.


Potential Outcomes:

1) Acquisitions drive growth: 60%.

2) Market correction affects overvalued stocks: 40%.

3) Insider sales prelude to downturn: 30%.


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


April 03, 2024


Brown & Brown Forecast

BRO        Brown & Brown
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with BRO



BRK.B Forecast + Options Trading Strategies   [BRK.B]  Berkshire Hathaway (0.94)


IBM Forecast + Options Trading Strategies   [IBM]  International Business Machines (0.92)


DXJ Forecast + Options Trading Strategies   [DXJ]  WisdomTree Japan Hedged Equity (0.92)


UBER Forecast + Options Trading Strategies   [UBER]  Uber (0.92)


GE Forecast + Options Trading Strategies   [GE]  General Electric (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to BRO



JANX Forecast + Options Trading Strategies   [JANX]  Janux Therapeutics (-0.0)


RES Forecast + Options Trading Strategies   [RES]  RPC (-0.0)


UAA Forecast + Options Trading Strategies   [UAA]  Under Armour (0.01)


GT Forecast + Options Trading Strategies   [GT]  Goodyear Tire & Rubber (-0.01)


HXL Forecast + Options Trading Strategies   [HXL]  Hexcel (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BRO



BIIB Forecast + Options Trading Strategies   [BIIB]  Biogen (-0.87)


MAXN Forecast + Options Trading Strategies   [MAXN]  Maxeon Solar (-0.87)


NUS Forecast + Options Trading Strategies   [NUS]  Nu Skin Enterprises (-0.87)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.9)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.92)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!