Bullish Case: Strengthening fundamentals, a P/E ratio below industry average, and recent initiatives to expand product lines indicate potential upside for SMP.


Bearish Case: Insider sales, recent reductions in holdings by institutional investors, and underwhelming quarterly earnings signal potential downside.


Potential Outcomes:

1. Product line expansion boosts sales: 25%;

2. Insider sales trigger sell-off: 20%;

3. Institutional sell-down continues: 15%;

4. Market overreaction creates buy opportunity: 30%;

5. Earnings miss expectations again: 10%.


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April 06, 2024


Standard Motor Products Forecast

SMP        Standard Motor Products
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with SMP



RAPT Forecast + Options Trading Strategies   [RAPT]  RAPT Therapeutics (0.85)


FIVN Forecast + Options Trading Strategies   [FIVN]  Five9 (0.75)


LNN Forecast + Options Trading Strategies   [LNN]  Lindsay (0.73)


IYT Forecast + Options Trading Strategies   [IYT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (0.69)


COO Forecast + Options Trading Strategies   [COO]  Cooper Companies (0.69)



Uncorrelated Stock Forecasts

Assets with little price relationship to SMP



CAH Forecast + Options Trading Strategies   [CAH]  Cardinal Health (-0.0)


LNG Forecast + Options Trading Strategies   [LNG]  Cheniere Energy (0.0)


ROST Forecast + Options Trading Strategies   [ROST]  Ross Stores (-0.0)


BLUE Forecast + Options Trading Strategies   [BLUE]  Bluebird bio (-0.0)


CVNA Forecast + Options Trading Strategies   [CVNA]  Carvana (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SMP



CPG Forecast + Options Trading Strategies   [CPG]  Crescent Point Energy (-0.55)


OXY Forecast + Options Trading Strategies   [OXY]  Occidental Petroleum (-0.56)


OBE Forecast + Options Trading Strategies   [OBE]  Obsidian Energy (-0.58)


BJ Forecast + Options Trading Strategies   [BJ]  BJ's Wholesale Club (-0.59)


XOM Forecast + Options Trading Strategies   [XOM]  Exxon Mobil (-0.61)





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