GBX Forecast + Trading Strategies


Bullish Case: The bullish case hinges on upcoming earnings, potentially fueled by improving industry trends and the stock's relative undervaluation. Recent price action shows potential for an upward breakout, supported by historical growth patterns.


Bearish Case: The bearish case suggests substantial implied volatility, indicating heightened risk and potential market corrections. Historical trends indicate a likelihood of mean reversion, potentially dragging the stock lower amid profit-taking.


Potential Outcomes:

1) Price rises to $55 (45% chance) due to positive earnings.

2) Price drops to $40 (30% chance) on profit-taking.

3) Trades sideways around $48 (25% chance) reflecting market uncertainty.


Trading Oracle: Consider a bullish call debit spread, buying the $50 call and selling the $55 call, targeting short-term gains. Alternatively, a credit spread on out-of-the-money puts could capitalize on current high volatility and potential stabilization around $48.


July 25, 2024


Greenbrier Cos. Forecast

GBX      Greenbrier Cos.











Correlated Assets

Assets that tend to move strongly with GBX



PNR Forecast + Options Trading Strategies   PNR  Pentair (0.92)


CAT Forecast + Options Trading Strategies   CAT  Caterpillar (0.91)


RJF Forecast + Options Trading Strategies   RJF  Raymond James Financial (0.91)


SHAK Forecast + Options Trading Strategies   SHAK  Shake Shack (0.91)


CMI Forecast + Options Trading Strategies   CMI  Cummins (0.91)



Uncorrelated Assets

Assets with little price relationship to GBX



JD Forecast + Options Trading Strategies   JD  JD.com (-0.0)


ARI Forecast + Options Trading Strategies   ARI  Apollo Commercial Real Estate Finance (-0.0)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.0)


GOOS Forecast + Options Trading Strategies   GOOS  Canada Goose Holdings Inc (Subord Vot Shs) (0.01)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against GBX



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.81)


CHTR Forecast + Options Trading Strategies   CHTR  Charter Communications (-0.84)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.85)


HNRG Forecast + Options Trading Strategies   HNRG  Hallador Energy (-0.88)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.9)





Become a more profitable investor with AI optimized trading strategies






×

Chat with GBX


 Ask any question about GBX!