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Bullish Case: Robust Q4 2023 earnings, strategic acquisitions like Regency Technologies, and enduring demand for data storage present a compelling growth narrative.


Bearish Case: High price-to-book ratio, insider sales, and potential market volatility from interest rate changes could apply downward pressure on IRM.


Potential Outcomes:

1. Continued growth due to strategic moves (60%).

2. Bearish turn from market volatility and insider sales (40%).


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March 26, 2024


Iron Mountain Forecast

IRM        Iron Mountain
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with IRM



PRU Forecast + Options Trading Strategies   [PRU]  Prudential Financial (0.97)


CE Forecast + Options Trading Strategies   [CE]  Series (0.97)


EVR Forecast + Options Trading Strategies   [EVR]  Evercore (0.97)


MA Forecast + Options Trading Strategies   [MA]  Mastercard Incorporated (0.96)


QUAL Forecast + Options Trading Strategies   [QUAL]  BlackRock Institutional Trust Company N.A. - iShares MSCI USA Quality Factor (0.96)



Uncorrelated Stock Forecasts

Assets with little price relationship to IRM



ZUO Forecast + Options Trading Strategies   [ZUO]  Zuora (-0.0)


KLIC Forecast + Options Trading Strategies   [KLIC]  Kulicke & Soffa Industries (-0.0)


FTNT Forecast + Options Trading Strategies   [FTNT]  Fortinet (-0.01)


WMT Forecast + Options Trading Strategies   [WMT]  Walmart (0.01)


BA Forecast + Options Trading Strategies   [BA]  Boeing (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against IRM



SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.91)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.92)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.93)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.96)





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