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Bullish Case: Grocery Outlet's recent expansion, new store openings, and strategic acquisitions suggest continued growth. Positive sentiment in non-discretionary retail signals strong market confidence.


Bearish Case: Institutional bearishness, executive stock selling, and a flat price trend imply potential headwinds. Economic recovery may reduce discount retail demand, affecting GO's performance.


Potential Outcomes: 60% chance GO's growth continues via expansion; 25% chance market saturation leads to flat performance; 15% chance economic recovery reduces demand for discount retail, impacting sales.


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April 03, 2024


Grocery Outlet Forecast

GO        Grocery Outlet
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with GO



ADM Forecast + Options Trading Strategies   [ADM]  Archer Daniels Midland (0.88)


GPRE Forecast + Options Trading Strategies   [GPRE]  Green Plains (0.84)


MPW Forecast + Options Trading Strategies   [MPW]  Medical Properties (0.83)


PNW Forecast + Options Trading Strategies   [PNW]  Pinnacle West (0.82)


CWEB Forecast + Options Trading Strategies   [CWEB]  Direxion Daily CSI China Internet Index Bu (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to GO



LMND Forecast + Options Trading Strategies   [LMND]  Lemonade (0.0)


FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (-0.01)


JOE Forecast + Options Trading Strategies   [JOE]  St. Joe (0.01)


VIRT Forecast + Options Trading Strategies   [VIRT]  Virtu Financial (0.01)


GFI Forecast + Options Trading Strategies   [GFI]  Gold Fields (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GO



STNG Forecast + Options Trading Strategies   [STNG]  Scorpio Tankers (-0.78)


WIRE Forecast + Options Trading Strategies   [WIRE]  Encore Wire (-0.78)


ESTC Forecast + Options Trading Strategies   [ESTC]  Elastic (-0.8)


GEO Forecast + Options Trading Strategies   [GEO]  Geo Group (-0.81)


ALXO Forecast + Options Trading Strategies   [ALXO]  Alx Oncology (-0.82)





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