Bullish Case: Robust Q4 earnings, dividend increases, and a commanding presence in growing markets like Earthing Equipment suggest operational excellence and growth potential despite economic headwinds.


Bearish Case: Recent flat price action, competitive pressures, and a potentially overvalued P/E ratio raise concerns about PNR's near-term price performance and growth sustainability.


Potential Outcomes:

1. Strong earnings sustain bullish momentum (40%).

2. Competition tempers growth, stock plateaus (35%).

3. Overvaluation leads to correction, bearish turn (25%).


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April 03, 2024


Pentair Forecast

PNR        Pentair
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with PNR



PAVE Forecast + Options Trading Strategies   [PAVE]  Global X Funds - Global X U.S. Infrastructure Development (0.98)


TREX Forecast + Options Trading Strategies   [TREX]  TREX Co. (0.97)


CAT Forecast + Options Trading Strategies   [CAT]  Caterpillar (0.97)


OC Forecast + Options Trading Strategies   [OC]  Owens Corning (0.97)


XHB Forecast + Options Trading Strategies   [XHB]  SPDR Homebuilders (0.96)



Uncorrelated Stock Forecasts

Assets with little price relationship to PNR



CIVI Forecast + Options Trading Strategies   [CIVI]  Civitas Resources Inc New (-0.0)


DTE Forecast + Options Trading Strategies   [DTE]  DTE Energy (-0.0)


WMT Forecast + Options Trading Strategies   [WMT]  Walmart (0.0)


UAL Forecast + Options Trading Strategies   [UAL]  United Airlines (-0.01)


PZZA Forecast + Options Trading Strategies   [PZZA]  Papa John's International (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PNR



TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.91)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.91)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.91)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.91)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.93)





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