Bullish Case: Rising analysts' earnings estimates suggest improving financial prospects. Historical resilience and systematic investments imply growth potential for Energy Transfer (ET).


Bearish Case: Corporate debt levels and market volatility may pose risks. Negative revenue surprise and high implied volatility hint at a potential downside.


Potential Outcomes: 60% - ET may appreciate as analysts continue to raise earnings estimates. 30% - ET could see a decline if market volatility intensifies. 10% - External factors impact sector, causing unpredictable price movements.


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


March 27, 2024


Energy Transfer LP Forecast

ET        Energy Transfer LP
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with ET



MPC Forecast + Options Trading Strategies   [MPC]  Marathon Petroleum (0.94)


APO Forecast + Options Trading Strategies   [APO]  Apollo (0.94)


ARES Forecast + Options Trading Strategies   [ARES]  Ares (0.93)


WSM Forecast + Options Trading Strategies   [WSM]  Williams-Sonoma (0.93)


CLS Forecast + Options Trading Strategies   [CLS]  Celestica (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to ET



RWT Forecast + Options Trading Strategies   [RWT]  Redwood (0.0)


VCLT Forecast + Options Trading Strategies   [VCLT]  Vanguard Long-Term Corporate Bond (0.0)


RH Forecast + Options Trading Strategies   [RH]  RH - (-0.01)


DOCN Forecast + Options Trading Strategies   [DOCN]  DigitalOcean (-0.01)


LMND Forecast + Options Trading Strategies   [LMND]  Lemonade (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ET



LEG Forecast + Options Trading Strategies   [LEG]  Leggett & Platt (-0.87)


CHPT Forecast + Options Trading Strategies   [CHPT]  ChargePoint (-0.87)


EWH Forecast + Options Trading Strategies   [EWH]  BlackRock Institutional Trust Company N.A. - iShares MSCI Hong Kong (-0.88)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.89)


AMC Forecast + Options Trading Strategies   [AMC]  AMC Entertainment (-0.9)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!