NWL Forecast + Trading Strategies


Bullish Case: Cost-cutting successes and potential for stabilization in a historically mean-reverting stock, coupled with economic incentives potentially retaining corporate HQ, indicate upside.


Bearish Case: Persistent sales decline, insider selling, and recent guidance pointing to sustained revenue falls suggest a bearish trend will continue.


Potential Outcomes:

1. Mean reversion and restructuring success (20%).

2. Sales continue to decline (40%).

3. Stagnation as cuts offset weak sales (40%).


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


April 13, 2024


Newell Brands Forecast

NWL        Newell Brands
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with NWL



PZZA Forecast + Options Trading Strategies   PZZA  Papa John's International (0.85)


PRGO Forecast + Options Trading Strategies   PRGO  Perrigo (0.85)


INCY Forecast + Options Trading Strategies   INCY  Incyte (0.84)


INMD Forecast + Options Trading Strategies   INMD  Inmode (0.83)


VFC Forecast + Options Trading Strategies   VFC  VF (0.81)



Uncorrelated Stock Forecasts

Assets with little price relationship to NWL



GM Forecast + Options Trading Strategies   GM  General Motors (-0.0)


QRVO Forecast + Options Trading Strategies   QRVO  Qorvo (0.0)


KMI Forecast + Options Trading Strategies   KMI  Kinder Morgan (0.0)


IQV Forecast + Options Trading Strategies   IQV  IQVIA (0.0)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NWL



CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.68)


ACGL Forecast + Options Trading Strategies   ACGL  Arch (-0.68)


LBRT Forecast + Options Trading Strategies   LBRT  Liberty Oilfield Services (-0.7)


MTRX Forecast + Options Trading Strategies   MTRX  Matrix Service (-0.72)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.75)





Become a more profitable investor with AI optimized trading strategies






×

Chat with NWL


 Ask any question about NWL!