Bullish Case: LEG's price-to-book ratio of 2.9 and status as a dividend king may entice value investors, potentially offsetting recent performance woes.


Bearish Case: Continued underperformance, declining revenues, a high debt load, and negative earnings revisions signal further downside for LEG.


Potential Outcomes: Possible bearish outcomes include further declines or a flat market, with bearish short volatility trades being the most viable strategy at this juncture.


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April 10, 2024


Leggett & Platt Forecast

LEG        Leggett & Platt
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.95)


PRTA Forecast + Options Trading Strategies   PRTA  Prothena (0.95)


SPWR Forecast + Options Trading Strategies   SPWR  Sunpower (0.94)


SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to LEG



TPR Forecast + Options Trading Strategies   TPR  Tapestry (-0.0)


KR Forecast + Options Trading Strategies   KR  Kroger (0.0)


TWLO Forecast + Options Trading Strategies   TWLO  Twilio (0.0)


BROS Forecast + Options Trading Strategies   BROS  Dutch Bros (0.0)


SIGA Forecast + Options Trading Strategies   SIGA  SIGA (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against LEG



DXJ Forecast + Options Trading Strategies   DXJ  WisdomTree Japan Hedged Equity (-0.93)


LBRT Forecast + Options Trading Strategies   LBRT  Liberty Oilfield Services (-0.93)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.93)


CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.94)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.97)





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