Back

Bullish Case: Despite recent drops, AAN holds a Zacks Rank #2 (Buy) indicating potential undervaluation (PE of 10.09 vs. industry 11.18) and recovery prospects, driven by market overreaction and mean reverting price action [Helium].


Bearish Case: AAN's sharp decline over two years (-66.6%) with negative price forecasts and low AI correlation suggest intrinsic weaknesses and probable further downsides, challenging a quick turnaround [Helium][Helium].


Potential Outcomes:

1. Value recognition drives up 30% (40% chance);

2. Continued decline by 20% due to weak fundamentals (55%);

3. Stabilization at current levels with slight growth of 5% (5%).


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


April 18, 2024


Aarons Forecast

AAN        Aarons
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with AAN



NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (0.93)


CSIQ Forecast + Options Trading Strategies   CSIQ  Canadian Solar (0.91)


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (0.91)


RICK Forecast + Options Trading Strategies   RICK  RCI Hospitality (0.91)


JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to AAN



ETR Forecast + Options Trading Strategies   ETR  Entergy (0.0)


RNA Forecast + Options Trading Strategies   RNA  Avidity Biosciences (0.0)


UCTT Forecast + Options Trading Strategies   UCTT  Ultra Clean Hldgs (-0.0)


LOW Forecast + Options Trading Strategies   LOW  Lowe's Cos. (0.0)


TMO Forecast + Options Trading Strategies   TMO  Thermo Fisher Scientific (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AAN



FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.83)


LBRT Forecast + Options Trading Strategies   LBRT  Liberty Oilfield Services (-0.83)


AJG Forecast + Options Trading Strategies   AJG  Arthur J. Gallagher (-0.84)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.86)


FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.86)





Become a more profitable investor with AI optimized trading strategies






×

Chat with AAN


 Ask me any question!