WY Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Weyerhaeuser's price may rise due to increased federal support for the lumber industry and a robust housing market recovery, spurred by declining interest rates, leading to higher sales and improved earnings forecasts.




Bearish Case: Continued labor shortages and high interest rates could suppress lumber demand further, contributing to lower stock prices and earnings, compounded by global economic uncertainties affecting overall market sentiment.




Potential Outcomes:

1. Federal support boosts lumber prices (55%);

2. Continued labor shortages hinder growth (70%);

3. Stabilization of housing market (50%);

4. Price reaches $35 in 6 months (40%);

5. Further decline below $29 (30%).




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



October 23, 2024


Weyerhaeuser Forecast

WY        Weyerhaeuser











Correlated Assets

Assets that tend to move strongly with WY



OI Forecast + Options Trading Strategies   OI  O-I Glass (0.79)


BAX Forecast + Options Trading Strategies   BAX  Baxter International (0.78)


UNIT Forecast + Options Trading Strategies   UNIT  Uniti (0.78)


DBRG Forecast + Options Trading Strategies   DBRG  DigitalBridge (0.77)


THO Forecast + Options Trading Strategies   THO  Thor Industries (0.77)



Uncorrelated Assets

Assets with little price relationship to WY



GSK Forecast + Options Trading Strategies   GSK  Glaxosmithkline (-0.0)


FLNC Forecast + Options Trading Strategies   FLNC  Fluence Energy (0.0)


GRWG Forecast + Options Trading Strategies   GRWG  GrowGeneration (-0.0)


NARI Forecast + Options Trading Strategies   NARI  Inari Medical (0.01)


HES Forecast + Options Trading Strategies   HES  Hess (0.01)



Anticorrelated Assets

Assets that tend to move strongly against WY



DAC Forecast + Options Trading Strategies   DAC  Danaos (-0.62)


GOOGL Forecast + Options Trading Strategies   GOOGL  Alphabet (-0.67)


GSL Forecast + Options Trading Strategies   GSL  Global Ship Lease (-0.68)


GOOG Forecast + Options Trading Strategies   GOOG  Alphabet (-0.68)


PSQ Forecast + Options Trading Strategies   PSQ  ProShares Short QQQ (-0.68)









Become a more profitable investor with AI optimized trading strategies






×

Chat with WY


 Ask any question about WY!