POR Forecast


Bullish Case: POR, positioned in a vital industrial sector, anticipates load growth and enhanced efficiency from joining CAISO EDAM. With strong industrial load growth (5.9% increase) driving revenue, and recent capital investments improving infrastructure, prospects of profitability remain high amid strategic expansions.


Bearish Case: Persistent challenges including higher interest rates and continual insider selling suggest enduring downward pressures on POR. Repeated rate hike requests amidst an increasingly disgruntled customer base could severely impact consumer satisfaction and earnings, maintaining a near-term bearish outlook.


Potential Outcomes:

1. Industrial load growth boosts earnings, 60% probability.

2. Rate hikes lead to customer backlash and lower consumption, 30%.

3. Insider selling and increased operational costs dampen investor confidence, 10%.


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


April 27, 2024


Portland General Electric Forecast

POR        Portland General Electric
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with POR



BKH Forecast + Options Trading Strategies   BKH  Black Hills (0.95)


EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.94)


ES Forecast + Options Trading Strategies   ES  Eversource Energy (0.93)


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


UTSL Forecast + Options Trading Strategies   UTSL  Direxion Daily Utilities Bull 3X Shares (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to POR



JKHY Forecast + Options Trading Strategies   JKHY  Jack Henry & Associates (-0.0)


CENX Forecast + Options Trading Strategies   CENX  Century Aluminum (-0.0)


TSCO Forecast + Options Trading Strategies   TSCO  Tractor Supply (-0.0)


BOTZ Forecast + Options Trading Strategies   BOTZ  Global X Funds Global X Robotics & Artificial Intelli (-0.0)


XOM Forecast + Options Trading Strategies   XOM  Exxon Mobil (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against POR



UEC Forecast + Options Trading Strategies   UEC  Uranium Energy (-0.68)


GRPN Forecast + Options Trading Strategies   GRPN  Groupon (-0.7)


CBOE Forecast + Options Trading Strategies   CBOE  Cboe Global Markets (-0.72)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.73)


MTRX Forecast + Options Trading Strategies   MTRX  Matrix Service (-0.74)





Become a more profitable investor with AI optimized trading strategies






×

Chat with POR


 Ask any question about POR!