Price Forecast:

Bullish Case: Given the historical return surface, longer holding periods since January 2024 show potential for positive returns, suggesting a recovery might be underway as market conditions stabilize and growth in the information services sector continues.

Bearish Case: Current high implied volatility coupled with recent price declines indicates concerns of further market correction. Weak past performance and high uncertainty suggest risks that could further depress the stock price in the short term.

Potential Outcomes:

• 40% - Continued recovery with rising demand in information services.
• 30% - Market uncertainty leads to further volatility-driven price drops.
• 20% - Competition pressures result in stagnant performance.
• 10% - M&A activities boost market sentiment suddenly.

Trading Oracle: Consider a long debit spread on III with $5.00 and $7.50 strikes targeting January 2025 expirations. This captures upside potential while utilizing current high implied volatility for cheaper entry. Suitable for a bullish outlook leveraging expected sector recovery with limited downside risk.

December 19, 2024