Bullish Case: CENT has a solid track record, with mean-reverting price action, strong industry position, backed by positive Zacks earnings estimates revision, implying potential upside.


Bearish Case: Insider selling and recent stock performance dip indicate potential caution; mean reversion suggests resistance to upward movement.


Potential Outcomes: Fed rate cut could buoy market (40%). Continued mean reversion limits gains (30%). Zacks earnings optimism may lead to rally (30%).


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April 02, 2024


Central Garden & Pet Forecast

CENT        Central Garden & Pet
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CENT



FRSH Forecast + Options Trading Strategies   [FRSH]  Freshworks (0.83)


AMGN Forecast + Options Trading Strategies   [AMGN]  AMGEN (0.74)


CVBF Forecast + Options Trading Strategies   [CVBF]  CVB Financial (0.74)


NYT Forecast + Options Trading Strategies   [NYT]  New York Times Co. (0.74)


DCOM Forecast + Options Trading Strategies   [DCOM]  Dime Community Bancshares (0.73)



Uncorrelated Stock Forecasts

Assets with little price relationship to CENT



BYRN Forecast + Options Trading Strategies   [BYRN]  Byrna (0.0)


PLCE Forecast + Options Trading Strategies   [PLCE]  Childrens Place (0.0)


ITCI Forecast + Options Trading Strategies   [ITCI]  Intra-Cellular Therapies (0.0)


ORCL Forecast + Options Trading Strategies   [ORCL]  Oracle (-0.0)


CMPS Forecast + Options Trading Strategies   [CMPS]  Compass Pathways (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CENT



STAA Forecast + Options Trading Strategies   [STAA]  Staar Surgical (-0.71)


AU Forecast + Options Trading Strategies   [AU]  AngloGold Ashanti Ltd (-0.71)


CTVA Forecast + Options Trading Strategies   [CTVA]  Corteva (-0.73)


BRCC Forecast + Options Trading Strategies   [BRCC]  BRC (-0.73)


SE Forecast + Options Trading Strategies   [SE]  Sea (-0.74)





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