BRO Forecast + Trading Strategies


Bullish Case: BRO's consistent strategic acquisitions, strong historical returns, and firm institutional backing signal enduring growth. Recent acquisition of Hillco could drive both revenue and market share, enhancing its competitive stance in the insurance industry.


Bearish Case: Recent insider sales, high implied volatility in the options market, and significant shifts in institutional holdings suggest potential near-term downside risks. Overvaluation concerns with a P/B ratio of 4.8 could also lead to price corrections.


Potential Outcomes:

1) Strong Q2 earnings propel stock, 60% probability;

2) Acquisition integration challenges, leading to a 15% decline, 25% probability;

3) Further insider sales, causing a 10% dip, 15% probability.


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


May 02, 2024


Brown & Brown Forecast

BRO        Brown & Brown
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with BRO



KKR Forecast + Options Trading Strategies   KKR  KKR (0.92)


EVR Forecast + Options Trading Strategies   EVR  Evercore (0.92)


UBER Forecast + Options Trading Strategies   UBER  Uber (0.92)


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


DLR Forecast + Options Trading Strategies   DLR  Digital Realty (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to BRO



SIGA Forecast + Options Trading Strategies   SIGA  SIGA (0.0)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.0)


ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (-0.01)


BEAM Forecast + Options Trading Strategies   BEAM  Beam Therapeutics (-0.01)


BXMT Forecast + Options Trading Strategies   BXMT  Blackstone Mortgage (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BRO



BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.86)


PRTA Forecast + Options Trading Strategies   PRTA  Prothena (-0.86)


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


PLL Forecast + Options Trading Strategies   PLL  Piedmont Lithium (-0.87)


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





Become a more profitable investor with AI optimized trading strategies






×

Chat with BRO


 Ask any question about BRO!