Bullish Case: With a low price-to-book ratio, recent insider buying, and a year-over-year price increase, GT has indications of undervaluation and insider confidence, suggesting potential for further gains.


Bearish Case: GT's significant historical underperformance, flat options term structure, and consistently poor long-term returns highlight intrinsic weaknesses that may continue to suppress price growth.


Potential Outcomes:

1. Continued near-term recovery on insider confidence and low P/B ratio (40%).

2. Sideways movement if market assimilates volatility forecast (30%).

3. Resumption of long-term decline due to past performance (30%).


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April 04, 2024


Goodyear Tire & Rubber Forecast

GT        Goodyear Tire & Rubber
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with GT



AAPL Forecast + Options Trading Strategies   [AAPL]  Apple (0.7)


BERY Forecast + Options Trading Strategies   [BERY]  Berry (0.7)


AZUL Forecast + Options Trading Strategies   [AZUL]  Azul (0.68)


KLIC Forecast + Options Trading Strategies   [KLIC]  Kulicke & Soffa Industries (0.68)


GNRC Forecast + Options Trading Strategies   [GNRC]  Generac (0.67)



Uncorrelated Stock Forecasts

Assets with little price relationship to GT



BRK.B Forecast + Options Trading Strategies   [BRK.B]  Berkshire Hathaway (-0.0)


WMT Forecast + Options Trading Strategies   [WMT]  Walmart (-0.0)


APD Forecast + Options Trading Strategies   [APD]  Air Products & Chemicals (0.0)


WIX Forecast + Options Trading Strategies   [WIX]  Wix.com (0.0)


NTNX Forecast + Options Trading Strategies   [NTNX]  Nutanix (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GT



USO Forecast + Options Trading Strategies   [USO]  United States Commodity Funds (-0.42)


IMAX Forecast + Options Trading Strategies   [IMAX]  Imax (-0.43)


CNK Forecast + Options Trading Strategies   [CNK]  Cinemark (-0.45)


XOM Forecast + Options Trading Strategies   [XOM]  Exxon Mobil (-0.57)


BJ Forecast + Options Trading Strategies   [BJ]  BJ's Wholesale Club (-0.61)





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