LOW Forecast + Trading Strategies


Bullish Case: Lowe's strong historical performance, robust 103.5% growth over five years and continual upward price trend represent solid fundamentals for further upside. The company's positioning within the thriving home improvement sector bolsters its potential.


Bearish Case: Despite historical gains, LOW's high implied volatility and a bearish sentiment seen in options trading could suggest market apprehension. The significant price-to-book ratio indicates potential overvaluation, risking downside corrections.


Potential Outcomes:

1. 40% chance of continued upward trajectory based on historical trends and market outlook.

2. 30% probability of stable price actions reflecting current market equilibrium.

3. 30% risk of downside due to high valuation and market volatility.


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April 23, 2024


Lowe's Cos. Forecast

LOW        Lowe's Cos.
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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Uncorrelated Stock Forecasts

Assets with little price relationship to LOW



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FSK Forecast + Options Trading Strategies   FSK  FS KKR (0.0)


HSY Forecast + Options Trading Strategies   HSY  Hershey (-0.0)


MBI Forecast + Options Trading Strategies   MBI  MBIA (-0.0)


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Anticorrelated Stock Forecasts

Assets that tend to move strongly against LOW



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.73)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.74)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.8)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.83)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.83)


LOW News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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