Bullish Case: Envestnet, with a strategy of diverse investments in stocks across industries, may see substantial returns especially with its boosted stakes in companies like NRG Energy [defenseworld.net] and Moelis [defenseworld.net].


Show historical bullish cases

Bearish Case: Envestnet's decision to reduce holdings in iShares MSCI World ETF [defenseworld.net], UDR Inc.[defenseworld.net], and ExlService Holdings [defenseworld.net], may affect profits if these stocks outperform expectations.


Show historical bearish cases

Takeaway: Keeping a diverse portfolio, Envestnet displays an adaptable investment strategy. Yet, the impact of reducing stakes in potentially profitable stocks needs to be monitored [defenseworld.net, defenseworld.net, defenseworld.net, defenseworld.net, defenseworld.net].


Show historical takeaways

Potential Outcomes:

1. Growth in Envestnet's investments (50%): Based on analysts' ratings and targets, companies like NRG Energy [defenseworld.net] and Moelis [defenseworld.net] show potential for improved performance.

2. Slight decline in profit due to reduced holdings (40%): Selling shares of potentially high-performance stocks such as iShares MSCI World ETF [defenseworld.net] and UDR, Inc. [defenseworld.net] may limit earnings.

3. Stable performance (10%): If the market doesn't shift significantly, Envestnet's portfolio could maintain its current trajectory.


November 23, 2023


Envestnet Forecast

[ENV]  Envestnet
Price Forecast: NEUTRAL    Price Action: TRENDING (?)



Make More Profitable Trades with ENV Forecasts + Trading Strategies







ENV Balanced News:










Become a more profitable trader with AI optimized trading strategies




Correlated Stock Forecasts

Assets that tend to move strongly with ENV



BMO Forecast + Options Trading Strategies   [BMO]  Bank of Montreal (0.89)


SPHD Forecast + Options Trading Strategies   [SPHD]  Invesco S&P 500 High Dividend Low Vol (0.87)


EWH Forecast + Options Trading Strategies   [EWH]  BlackRock Institutional Trust Company N.A. - iShares MSCI Hong Kong (0.86)


LPSN Forecast + Options Trading Strategies   [LPSN]  Liveperson (0.83)


HOG Forecast + Options Trading Strategies   [HOG]  Harley-Davidson (0.83)



Uncorrelated Stock Forecasts

Assets with little price relationship to ENV



RNR Forecast + Options Trading Strategies   [RNR]  RenaissanceRe (0.01)


Z Forecast + Options Trading Strategies   [Z]  Zillow (-0.01)


MSOS Forecast + Options Trading Strategies   [MSOS]  Advisorshares Trust - AdvisorShares Pure US Cannabis (0.01)


INVH Forecast + Options Trading Strategies   [INVH]  Invitation Homes (0.01)


XLE Forecast + Options Trading Strategies   [XLE]  Energy Select Sector SPDR (0.02)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ENV



LMB Forecast + Options Trading Strategies   [LMB]  Limbach (-0.68)


DXJ Forecast + Options Trading Strategies   [DXJ]  WisdomTree Japan Hedged Equity (-0.69)


SFM Forecast + Options Trading Strategies   [SFM]  Sprouts Farmers Market (-0.7)


RELY Forecast + Options Trading Strategies   [RELY]  Remitly (-0.7)


UUP Forecast + Options Trading Strategies   [UUP]  Invesco DB US Dollar Index Bullish (-0.82)