TSCO Forecast + Trading Strategies


Bullish Case: Continuous store expansion, dividends, and successful community initiatives showcase TSCO's resilience and growth, potentially bolstering the bullish sentiment despite a high P/B ratio.


Bearish Case: Insider selling, possible overvaluation indicated by a P/B ratio of 13.1, and a market neutral AI forecast imply potential downward price pressure.


Potential Outcomes: Continued expansion may lift sales (60%); overvaluation could trigger a correction (30%); insider selling might lower investor confidence, affecting prices (10%).


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April 12, 2024


Tractor Supply Forecast

TSCO        Tractor Supply
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with TSCO



MRK Forecast + Options Trading Strategies   MRK  Merck (0.88)


HCA Forecast + Options Trading Strategies   HCA  HCA Healthcare (0.88)


RNA Forecast + Options Trading Strategies   RNA  Avidity Biosciences (0.88)


TMO Forecast + Options Trading Strategies   TMO  Thermo Fisher Scientific (0.87)


SYY Forecast + Options Trading Strategies   SYY  Sysco (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to TSCO



BHP Forecast + Options Trading Strategies   BHP  BHP Group Limited (0.0)


CF Forecast + Options Trading Strategies   CF  CF Industries (-0.0)


RIO Forecast + Options Trading Strategies   RIO  Rio Tinto (0.0)


GL Forecast + Options Trading Strategies   GL  Globe Life (0.01)


MXL Forecast + Options Trading Strategies   MXL  MaxLinear (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TSCO



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.66)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.66)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.7)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.7)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.8)





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