AI PLXS Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Strong historical growth and technological advancements in healthcare create a bullish case for PLXS. The implied volatility suggests confidence in price stability around $136, with upside potential driven by continued demand for innovative solutions.




Bearish Case: Insider selling raises concerns about corporate confidence, and elevated implied volatility indicates market anxiety. If negative sentiment escalates, a pullback in PLXS could occur, pushing prices below current levels.




Potential Outcomes:

1. Continued bullish trajectory due to technological advancements (40%).

2. Price stagnation prompted by ongoing insider selling (35%).

3. Sudden downturn linked to increased market volatility or negative news (25%).




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October 06, 2024


Plexus Forecast

PLXS        Plexus











Correlated Assets

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SRE Forecast + Options Trading Strategies   SRE  Sempra Energy (0.92)


PCG Forecast + Options Trading Strategies   PCG  PG&E (0.92)


KDP Forecast + Options Trading Strategies   KDP  Keurig Dr Pepper (0.89)


KTOS Forecast + Options Trading Strategies   KTOS  Kratos Defense & Security (0.87)



Uncorrelated Assets

Assets with little price relationship to PLXS



ADM Forecast + Options Trading Strategies   ADM  Archer Daniels Midland (-0.0)


BITF Forecast + Options Trading Strategies   BITF  Bitfarms (-0.0)


CPRT Forecast + Options Trading Strategies   CPRT  Copart (-0.0)


SUM Forecast + Options Trading Strategies   SUM  Summit Materials (-0.0)


CG Forecast + Options Trading Strategies   CG  Carlyle (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against PLXS



EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.76)


USAC Forecast + Options Trading Strategies   USAC  USA Compression (-0.76)


PBF Forecast + Options Trading Strategies   PBF  PBF Energy (-0.77)


LKQ Forecast + Options Trading Strategies   LKQ  LKQ (-0.78)


CVI Forecast + Options Trading Strategies   CVI  CVR Energy (-0.83)









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