Bullish Case: HIG's solid financials and consistent uptrend in stock price signal potential growth, coupled with favourable upgrades from analysts suggesting continued strength.


Bearish Case: Insider sales and high analyst targets may indicate overvaluation, risking a correction especially with flat recent price action and mixed earnings results.


Potential Outcomes:

1. Continued growth with HIG reaching new highs (30%).

2. A moderate pullback due to profit-taking (40%).

3. Flat performance as market digests recent gains and mixed signals (30%).


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April 17, 2024


Hartford Financial Services Forecast

HIG        Hartford Financial Services
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with HIG



CRH Forecast + Options Trading Strategies   [CRH]  CRH Plc (0.94)


EVR Forecast + Options Trading Strategies   [EVR]  Evercore (0.94)


HWM Forecast + Options Trading Strategies   [HWM]  Howmet Aerospace (0.94)


HLT Forecast + Options Trading Strategies   [HLT]  Hilton Worldwide (0.94)


JPM Forecast + Options Trading Strategies   [JPM]  JPMorgan Chase (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to HIG



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


KHC Forecast + Options Trading Strategies   [KHC]  Kraft Heinz (0.01)


PCG Forecast + Options Trading Strategies   [PCG]  PG&E (-0.01)


BG Forecast + Options Trading Strategies   [BG]  Bunge (-0.01)


TXN Forecast + Options Trading Strategies   [TXN]  Texas Instruments (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against HIG



DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.91)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.92)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.92)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.94)





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