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: NEUTRAL    Price Action: RANDOM (?)











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ONEW Forecast + Options Trading Strategies   ONEW  Onewater Marine (0.72)


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AAPL Forecast + Options Trading Strategies   AAPL  Apple (0.69)


KLIC Forecast + Options Trading Strategies   KLIC  Kulicke & Soffa Industries (0.69)



Uncorrelated Stock Forecasts

Assets with little price relationship to GT



GPC Forecast + Options Trading Strategies   GPC  Genuine Parts (0.0)


HRL Forecast + Options Trading Strategies   HRL  Hormel Foods (0.0)


URNM Forecast + Options Trading Strategies   URNM  North Shore Global Uranium Mining (0.0)


IRTC Forecast + Options Trading Strategies   IRTC  iRhythm (0.0)


CHAU Forecast + Options Trading Strategies   CHAU  Direxion Daily CSI 300 China A Share Bull 2X Shares (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GT



EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.47)


CNK Forecast + Options Trading Strategies   CNK  Cinemark (-0.48)


XOM Forecast + Options Trading Strategies   XOM  Exxon Mobil (-0.56)


HPK Forecast + Options Trading Strategies   HPK  HighPeak Energy (-0.61)


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





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