Bullish Case: PPG boasts solid growth, positive analyst sentiment and a historic 5-year gain. Recent upward momentum and industry recognition bolster the bullish outlook.


Bearish Case: Elevated implied volatility suggests uncertainty; downward pressure from market trends and a higher P/E ratio could trigger bearish sentiment.


Potential Outcomes:

1) Earnings exceed expectations, stock jumps (40%).

2) Market follows trend, slight growth (30%).

3) Competition stiffens, stock dips (20%).

4) Earnings miss, sharp decline (10%).


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


February 08, 2024


PPG Industries Forecast

[PPG]  PPG Industries
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)



Make More Profitable Trades with PPG Forecasts + Trading Strategies







PPG Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with PPG



LPX Forecast + Options Trading Strategies   [LPX]  Louisiana-Pacific (0.88)


FND Forecast + Options Trading Strategies   [FND]  Floor & Decor (0.85)


VEA Forecast + Options Trading Strategies   [VEA]  Vanguard FTSE Developed Markets (0.85)


AXTA Forecast + Options Trading Strategies   [AXTA]  Axalta Coating Systems (0.84)


QSR Forecast + Options Trading Strategies   [QSR]  Restaurant Brands International (0.83)



Uncorrelated Stock Forecasts

Assets with little price relationship to PPG



KDP Forecast + Options Trading Strategies   [KDP]  Keurig Dr Pepper (-0.0)


GOOS Forecast + Options Trading Strategies   [GOOS]  Canada Goose Holdings Inc (Subord Vot Shs) (0.0)


SATS Forecast + Options Trading Strategies   [SATS]  EchoStar (-0.0)


TRUP Forecast + Options Trading Strategies   [TRUP]  Trupanion (-0.01)


SMTC Forecast + Options Trading Strategies   [SMTC]  Semtech (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PPG



SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.76)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.76)


REK Forecast + Options Trading Strategies   [REK]  ProShares Short Real Estate (-0.79)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.8)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.82)


PPG News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent PPG News






Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!