AI NEOG Forecast + Trading Strategies


Bullish Case: NEOG's potential for growth stems from promising revenue trends, Medicare coverage of the Radar test, and heightened investment interest, suggesting a rally towards higher valuations and effective market positioning.


Bearish Case: Ongoing patent disputes, coupled with market volatility and elevated valuations, suppress NEOG's growth potential, risking further declines as legal outcomes remain uncertain and investor sentiment falters.


Potential Outcomes:

1) Favorable litigation outcomes lead to a 60% chance of growth;

2) Market volatility and legal setbacks hinder performance, 30%;

3) Stabilization around current price levels, 10%.


Trading Oracle: Sign Up to access trading oracle trade ideas.


September 21, 2024


Neogen Forecast

NEOG      Neogen











Correlated Assets

Assets that tend to move strongly with NEOG



HZO Forecast + Options Trading Strategies   HZO  Marinemax (0.78)


COLD Forecast + Options Trading Strategies   COLD  Americold Realty (0.77)


ZTS Forecast + Options Trading Strategies   ZTS  Zoetis (0.72)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (0.71)


RIVN Forecast + Options Trading Strategies   RIVN  Rivian Automotive (0.66)



Uncorrelated Assets

Assets with little price relationship to NEOG



EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.0)


W Forecast + Options Trading Strategies   W  Wayfair (-0.0)


GEL Forecast + Options Trading Strategies   GEL  Genesis Energy (-0.0)


AMBC Forecast + Options Trading Strategies   AMBC  AMBAC Financial (0.0)


RY Forecast + Options Trading Strategies   RY  Royal Bank Of Canada (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against NEOG



OVV Forecast + Options Trading Strategies   OVV  Ovintiv (-0.59)


FCG Forecast + Options Trading Strategies   FCG  First Trust Exchange-Traded Fund III - First Trust Natural Gas (-0.61)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.61)


SWN Forecast + Options Trading Strategies   SWN  Southwestern Energy (-0.61)


AR Forecast + Options Trading Strategies   AR  Antero Resources (-0.62)





Become a more profitable investor with AI optimized trading strategies






×

Chat with NEOG


 Ask any question about NEOG!