Bullish Case: Institutional accumulation, consistent dividends, and strategic infrastructure investment hint at OGE's growth potential despite a recent earnings dip.


Bearish Case: Earnings decline, regulatory uncertainties, and mean-reverting price action underscore potential limited upside and continued underperformance.


Potential Outcomes:

1. Earnings beat: 25% - Economic recovery boosts demand.

2. Regulatory changes: 20% - Policy shift impacts operations.

3. Interest rates rise: 30% - Fed's actions increase costs.

4. infrastructure investments pay off: 10% - Long-term value realized.

5. Dividend maintains: 15% - Attracting yield investors.


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


April 09, 2024


Oge Energy Forecast

OGE        Oge Energy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)










Correlated Stock Forecasts

Assets that tend to move strongly with OGE



WEC Forecast + Options Trading Strategies   WEC  WEC Energy (0.92)


ED Forecast + Options Trading Strategies   ED  Consolidated Edison (0.86)


CNP Forecast + Options Trading Strategies   CNP  Centerpoint Energy (0.85)


SRE Forecast + Options Trading Strategies   SRE  Sempra Energy (0.84)


AEE Forecast + Options Trading Strategies   AEE  Ameren (0.84)



Uncorrelated Stock Forecasts

Assets with little price relationship to OGE



TER Forecast + Options Trading Strategies   TER  Teradyne (0.0)


TGT Forecast + Options Trading Strategies   TGT  Target (-0.0)


TOST Forecast + Options Trading Strategies   TOST  Toast (0.0)


OUST Forecast + Options Trading Strategies   OUST  Ouster (0.01)


IONQ Forecast + Options Trading Strategies   IONQ  IonQ (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against OGE



TUR Forecast + Options Trading Strategies   TUR  BlackRock Institutional Trust Company N.A. - iShares MSCI Turkey (-0.73)


CAMT Forecast + Options Trading Strategies   CAMT  Camtek (-0.74)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.79)


APP Forecast + Options Trading Strategies   APP  Applovin Corp (-0.79)


J Forecast + Options Trading Strategies   J  Jacobs Engineering Group (-0.8)





Become a more profitable investor with AI optimized trading strategies






×

Chat with OGE


 Ask me any question!