Bullish Case: EIX's consistent dividends, institutional investments, and recent upgrades from 'neutral' to 'buy' by Guggenheim may drive the stock higher despite current underperformance.


Bearish Case: EIX’s high payout ratio and recent price decline suggest potential dividend sustainability concerns amidst broader market uncertainties.


Potential Outcomes: 35% chance of EIX recovery post-dividend, targeting $70+; 50% chance EIX remains range-bound near $66-$69; 15% chance of further drop on dividend concerns, below $65.


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April 17, 2024


Edison International Forecast

EIX        Edison International
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






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TNDM Forecast + Options Trading Strategies   [TNDM]  Tandem Diabetes Care (0.78)


EVRG Forecast + Options Trading Strategies   [EVRG]  Evergy (0.77)


DTE Forecast + Options Trading Strategies   [DTE]  DTE Energy (0.77)



Uncorrelated Stock Forecasts

Assets with little price relationship to EIX



BKR Forecast + Options Trading Strategies   [BKR]  Baker Hughes (0.0)


PRIM Forecast + Options Trading Strategies   [PRIM]  Primoris Services (-0.0)


CE Forecast + Options Trading Strategies   [CE]  Series (-0.0)


HIBB Forecast + Options Trading Strategies   [HIBB]  Hibbett Sports (0.0)


XLE Forecast + Options Trading Strategies   [XLE]  Energy Select Sector SPDR (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EIX



UUUU Forecast + Options Trading Strategies   [UUUU]  Energy Fuels (-0.5)


HDSN Forecast + Options Trading Strategies   [HDSN]  Hudson Technologies (-0.5)


JDST Forecast + Options Trading Strategies   [JDST]  Direxion Daily Junior Gold Miners Index Be (-0.56)


UUP Forecast + Options Trading Strategies   [UUP]  Invesco DB US Dollar Index Bullish (-0.59)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.63)





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