Bullish Case: Recent price uptrend and historical performance hint at continuing resilience, despite analyst concerns, suggesting potential undervaluation and upside.


Bearish Case: Analyst downgrades, declining earnings and revenue estimates, and long-term mean-reverting price action indicate potential downside risks looming.


Potential Outcomes:

1) Bullish breakout due to unexpected positive earnings (20%).

2) Bearish trend from weak fundamentals (40%).

3) Sideways movement as market reassesses (40%).


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March 29, 2024


Beazer Homes USA Forecast

BZH        Beazer Homes USA
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with BZH



LSEA Forecast + Options Trading Strategies   [LSEA]  Landsea Homes Corporation (0.9)


KRE Forecast + Options Trading Strategies   [KRE]  SPDR S&P Regional Banking (0.87)


THO Forecast + Options Trading Strategies   [THO]  Thor Industries (0.87)


ODP Forecast + Options Trading Strategies   [ODP]  ODP (0.86)


WAL Forecast + Options Trading Strategies   [WAL]  Western Alliance Bancorp (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to BZH



AEM Forecast + Options Trading Strategies   [AEM]  Agnico Eagle Mines (-0.0)


AGCO Forecast + Options Trading Strategies   [AGCO]  AGCO (0.0)


PYPL Forecast + Options Trading Strategies   [PYPL]  PayPal (-0.01)


BNS Forecast + Options Trading Strategies   [BNS]  Bank Of Nova Scotia (-0.01)


EBAY Forecast + Options Trading Strategies   [EBAY]  EBay (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BZH



DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.8)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.8)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.8)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.81)


HDGE Forecast + Options Trading Strategies   [HDGE]  Advisorshares Trust - Ranger Equity Bear (-0.83)





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