Bullish Case: SAM's strong balance sheet and proactive brand and operational strategies suggest potential for long-term value creation and share appreciation.


Bearish Case: Recent flat price action, alongside high competition in the alcoholic beverages market, hints at cautious sentiment and limited short-term upside.


Potential Outcomes:

1) Brand initiatives drive growth, with moderate probability;

2) Market saturation continues, high probability;

3) Strategic shifts lead to operational efficiencies, low probability.


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February 23, 2024


Boston Beer Co. Forecast

[SAM]  Boston Beer Co.
Price Forecast: NEUTRAL    Price Action: RANDOM (?)


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Correlated Stock Forecasts

Assets that tend to move strongly with SAM



SOVO Forecast + Options Trading Strategies   [SOVO]  Sovos Brands (0.79)


HLX Forecast + Options Trading Strategies   [HLX]  Helix Energy (0.78)


CNX Forecast + Options Trading Strategies   [CNX]  CNX Resources (0.78)


SM Forecast + Options Trading Strategies   [SM]  SM Energy (0.75)


PBF Forecast + Options Trading Strategies   [PBF]  PBF Energy (0.74)



Uncorrelated Stock Forecasts

Assets with little price relationship to SAM



HIVE Forecast + Options Trading Strategies   [HIVE]  HIVE Blockchain (-0.0)


EA Forecast + Options Trading Strategies   [EA]  Electronic Arts (-0.0)


INVH Forecast + Options Trading Strategies   [INVH]  Invitation Homes (-0.01)


NEOG Forecast + Options Trading Strategies   [NEOG]  Neogen (0.01)


SMAR Forecast + Options Trading Strategies   [SMAR]  Smartsheet (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SAM



CMS Forecast + Options Trading Strategies   [CMS]  CMS Energy (-0.74)


NVEI Forecast + Options Trading Strategies   [NVEI]  Nuvei Corporation (Sub Voting) (-0.75)


EEFT Forecast + Options Trading Strategies   [EEFT]  Euronet Worldwide (-0.75)


SSTK Forecast + Options Trading Strategies   [SSTK]  Shutterstock (-0.75)


AEP Forecast + Options Trading Strategies   [AEP]  American Electric Power (-0.76)





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