CABO Forecast


Bullish Case: CABO sees potential rebound as it approaches the low end of its historical price range, with improving sentiments post-recent insider buying signals. Short-term recovery though the current price is substantially below historical peaks, suggesting undervaluation.


Bearish Case: Prolonged downtrend in CABO's stock price, high insider sales, and missed earnings expectations signal potential further decline. Increased competition and operational inefficiencies may continue to pose risks.


Potential Outcomes:

1. CABO rebounds after earnings call clarity (30% chance).

2. Continued sell-off due to weak sector performance (40% chance).

3. Stabilization at lower price levels with reduced volatility (30% chance).


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


April 25, 2024


Cable One Forecast

CABO        Cable One
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with CABO



LAZR Forecast + Options Trading Strategies   LAZR  Luminar (0.95)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.94)


PRTA Forecast + Options Trading Strategies   PRTA  Prothena (0.94)


PLL Forecast + Options Trading Strategies   PLL  Piedmont Lithium (0.93)


SLI Forecast + Options Trading Strategies   SLI  Standard Lithium (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to CABO



SWK Forecast + Options Trading Strategies   SWK  Stanley Black & Decker (-0.0)


SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (0.0)


LMND Forecast + Options Trading Strategies   LMND  Lemonade (0.0)


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


TER Forecast + Options Trading Strategies   TER  Teradyne (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CABO



FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (-0.91)


ANF Forecast + Options Trading Strategies   ANF  Abercrombie & Fitch (-0.91)


NTNX Forecast + Options Trading Strategies   NTNX  Nutanix (-0.92)


VST Forecast + Options Trading Strategies   VST  Vistra (-0.92)


VRT Forecast + Options Trading Strategies   VRT  Vertiv (-0.92)





Become a more profitable investor with AI optimized trading strategies






×

Chat with CABO


 Ask any question about CABO!