WTRG Forecast


Bullish Case: WTRG's recent 14% rise in the last month, the likelihood of securing grants for PFAS projects, and the favorable institutional support and dividend appeal suggest strong upward potential.


Bearish Case: WTRG's flat historical return over holding periods, coupled with recent downward revisions in earnings estimates and economic uncertainty, points to potential downside risks.


Potential Outcomes: Dividend yields attract investors (30%), regulatory compliance costs rise (25%), economic downturn impacts (20%), interest rate hikes affect costs (15%), M&A volatility (10%).


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


May 15, 2024


Essential Utilities Forecast

WTRG        Essential Utilities
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with WTRG



EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.92)


BKH Forecast + Options Trading Strategies   BKH  Black Hills (0.91)


AES Forecast + Options Trading Strategies   AES  AES (0.91)


AY Forecast + Options Trading Strategies   AY  Atlantica Sustainable Infrastructure (0.9)


ADC Forecast + Options Trading Strategies   ADC  Agree Realty (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to WTRG



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.0)


CVBF Forecast + Options Trading Strategies   CVBF  CVB Financial (0.0)


LEN Forecast + Options Trading Strategies   LEN  Lennar (0.0)


ARKF Forecast + Options Trading Strategies   ARKF  ARK Fintech Innovation (-0.0)


CGC Forecast + Options Trading Strategies   CGC  Canopy Growth (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against WTRG



YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.6)


CME Forecast + Options Trading Strategies   CME  CME (-0.68)


HDSN Forecast + Options Trading Strategies   HDSN  Hudson Technologies (-0.69)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.72)


MTRX Forecast + Options Trading Strategies   MTRX  Matrix Service (-0.73)





Become a more profitable investor with AI optimized trading strategies






×

Chat with WTRG


 Ask any question about WTRG!