Forrest Gump reports on Williams Companies (WMB) potentially breaking out after a decade, with analysts eyeing a $70 target. It's like a box of chocolates, you never know what you're gonna get, but this one might be sweet!
Forrest Gump reports on Williams Companies (WMB) potentially breaking out after a decade, with analysts eyeing a $70 target. It's like a box of chocolates, you never know what you're gonna get, but this one might be sweet!

Like Peas and Carrots...But with Stocks!

Mama always said 'Life is like a box of chocolates Forrest you never know what you're gonna get.' Well this Williams Companies or WMB stock it's kinda like that box! Seems like it's been sittin' still for a good long while just like me waitin' for Jenny. But now some folks are sayin' it might just be ready to run! Not run like when I broke my leg braces but a financial run if you catch my drift.

Ten Years Gone: From Bubba Gump to Gas Pumps

They're sayin' that WMB is fixin' to break out of a six month jam and not just that but maybe even hit a new high! Shoot it's been ten years since it was this high back in 2015. That's about the time I was investin' in Apple thanks to Lieutenant Dan. Remember him? He was always good with numbers even if he wasn't so good at swimmin' after that darn shrimp boat. Now I don't know much about natural gas – heck I mostly just used it to grill shrimp – but these CNBC folks seem mighty excited.

Run Forrest Run...to $70!

These fellas are talkin' about a price objective of $70. Seventy dollars! That sounds like a whole lotta Bubba Gump Shrimp Co. shares! Right now WMB is tradin' around $62.80. It ain’t that far off. It's like when Coach told me to run the football. I just ran and ran and ran and sometimes Forrest you just gotta run to make a touchdown.

Ascending Triangles and Shrimp Nets: A Chart Story

Now they showed me this chart thingy and it looks like an "ascending triangle." I ain't no math whiz but even I can see that means somethin's goin' up! It's like when Bubba showed me all the different kinds of shrimp nets each one good for somethin' different. This triangle chart I guess is good for seein' if the stock is gonna go up or somethin'. It is mind boggling I tell ya.

Staying Put vs. Breaking Out: Is It Destiny?

Seems like WMB has been doin' a whole lot of nothin' for ten years. Just stayin' put. But they’re saying it's finally gonna break out. That’s like me sittin' on that bench waitin' for the bus. Some folks are just passin' through and some like Jenny they change your life. I guess this stock is about to change too.

And That's All I Have To Say About That...For Now

So there you have it. WMB stock might just be about to do somethin' big. Me? I'm just a simple man. But if these CNBC folks are right maybe it's time to buy some WMB and see where it goes. Just remember mama always said 'Stupid is as stupid does.' So don't go doin' anything too crazy. And remember I ain't givin' no financial advice. I'm just tellin' ya what I heard. And that’s all I have to say about that. Now if you'll excuse me I think I hear Jenny callin'.


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