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Bullish Case: Resilient growth and bullish risk skew, with strong DIY auto parts sales and successful Q2 earnings, indicate a solid upward trajectory for AZO.


Bearish Case: Insider sales and potential overvaluation pose downside risks. A negative price-to-book ratio and recent price drop from a week ago signal caution.


Potential Outcomes:

1) AZO continues upward growth on Q2 success and bullish risk skew, 60%.

2) Flattening or negative trajectory due to overvaluation and insider sales, 30%.

3) Unpredictable market or economic events trigger significant volatility, 10%.


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April 16, 2024


Autozone Forecast

AZO        Autozone
Price Forecast: BULLISH    Price Action: RANDOM (?)






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AXON Forecast + Options Trading Strategies   [AXON]  Axon Enterprise (0.84)


HIBB Forecast + Options Trading Strategies   [HIBB]  Hibbett Sports (0.83)


TMUS Forecast + Options Trading Strategies   [TMUS]  T-Mobile US (0.82)


BDRY Forecast + Options Trading Strategies   [BDRY]  Breakwave Dry Bulk Shipping (0.79)


GEO Forecast + Options Trading Strategies   [GEO]  Geo Group (0.77)



Uncorrelated Stock Forecasts

Assets with little price relationship to AZO



TOST Forecast + Options Trading Strategies   [TOST]  Toast (-0.0)


QTRX Forecast + Options Trading Strategies   [QTRX]  Quanterix (-0.0)


OXY Forecast + Options Trading Strategies   [OXY]  Occidental Petroleum (0.01)


CDLX Forecast + Options Trading Strategies   [CDLX]  Cardlytics (0.01)


TTD Forecast + Options Trading Strategies   [TTD]  Trade Desk (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AZO



AMRC Forecast + Options Trading Strategies   [AMRC]  Ameresco (-0.76)


APLD Forecast + Options Trading Strategies   [APLD]  Applied Blockchain (-0.76)


NYCB Forecast + Options Trading Strategies   [NYCB]  New York Community Bancorp (-0.77)


AEHR Forecast + Options Trading Strategies   [AEHR]  Aehr Test Systems (-0.79)


EXTR Forecast + Options Trading Strategies   [EXTR]  Extreme Networks (-0.83)





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