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Stock·NYSE·Consumer Cyclical

Yum! Brands, Inc. (YUM)

$149.47 -0.23 (-0.15%)
Latest Price
Hold
57 / 100
CleaRank Financial AI scorei
Market cap
$40.79B
P/E
18.82
Dividend yield
1.98%
Street target
$171.70median of 26 analysts
52-week range
$134.26 $170.14
01

YUM stock forecast today

Where YUM stands today, and what CleaRank Financial AI makes of it.

YUM at a glance

Yum! Brands, Inc. (YUM): Hold, 57/100 on CleaRank's AI score.

  • Trend Mixed: the price is above its 50-day but below its 200-day moving average ($145.72 and $153.53).
  • Earnings YUM beat estimates in 5 of its last 8 quarters, yet fell the next day after every one of them.
  • Insiders Insiders sold $21.0M and made no open-market purchases over the last 18 months.
  • Valuation P/E of 18.8 against 20.8 for the Consumer Cyclical sector: broadly in line with peers (-9%).

Figures as of October 26, 2026.

CleaRank Financial AI

CleaRank rates Yum!

Brands, Inc. (YUM) Hold, with a model score of 57/100. The analysts' outlook lifts the score most: the median target is 14.9% above the price. The trend holds it back most: the price is 2.65% below its 200-day average, and the 50-day average is 5.09% below the 200-day. The 50-day average stands at $145.72 and the 200-day at $153.53. Over the past year the price rose 4.26%.

Only on CleaRank

Figures we compute ourselves from YUM's own price, earnings and insider-filing history. Tap one to see it in context.

02

YUM stock price and trading

The chart, today's range and how far the price has moved over each period.

2.0

Trend checks

1/4
  • Price above its 50-day average ›
    The price of $149.47 is 2.6% above the 50-day simple moving average of $145.72.
  • Price above its 200-day average ›
    The price is 2.6% below the 200-day simple moving average of $153.53.
  • 50-day average above the 200-day ›
    The 50-day average ($145.72) is 5.1% below the 200-day average ($153.53), the arrangement of a falling longer-term trend.
  • In the upper half of its 52-week range ›
    The price sits at 42% of its 52-week range, between $134.26 and $170.14.

YUM share price

Pick a period: each tab shows how far YUM has moved over it, to the last close.

Nov '25Jan '26Mar '26Jun '26Aug '26Oct '26
Start $143.36 Oct 24, 2025
Latest close $149.47 Oct 26, 2026
High $168.16 Feb 27, 2026
Low $135.75 Sep 17, 2026

Today's trading

Where YUM sits inside today's range and its 52-week range.

Day range 2.53% wide
$149.47
$148.10 $151.85
52-week range 42% of the way up
$149.47
$134.26 $170.14
Open
$150.67
Previous close
$149.70
Volume
2.52M
6% above average
Market cap
$40.79B
03

YUM fundamentals and valuation

Valuation against the sector, and the revenue and earnings behind it.

3.0

Valuation and quality checks

4/5
  • P/E below the sector median ›
    The trailing P/E of 18.82 is 9.5% below the Consumer Cyclical median of 20.8.
  • P/S below the sector median ›
    The price-to-sales ratio of 4.68 is 146.1% above the sector median of 1.9.
  • Profitable over the last 12 months ›
    Net income over the last 12 months was $2.2B on revenue of $8.7B, a net margin of 25.4%.
  • Beat estimates in most recent reports ›
    YUM beat the EPS estimate in 5 of its last 8 reports.
  • Pays a dividend ›
    The trailing dividend yield is 1.98%, or $2.96 a share a year.

Key statistics

The headline figures for YUM.

Market Cap
40.79B
P/E Ratio
18.82
EPS (TTM)
$7.94
Dividend Yield
1.98%
52 Week High
170.14
52 Week Low
134.26

As of October 26, 2026, YUM trades at $149.47, with a market value of $40.79B, a P/E ratio of 18.82 and a dividend yield of 1.98%.

What the numbers say

CleaRank Financial AI's reading of YUM's valuation, growth and risks.

Valuation

Yum! Brands, Inc. (YUM) looks broadly in line with peers on earnings. Its P/E of 18.82 compares with a Consumer Cyclical median of 20.8, and the P/E is 9.5% below that median. On sales, the P/S of 4.68 sits 146.3% above the sector median of 1.9. The market value is $40.8B, and trailing earnings are $7.94 a share.

Revenue grew 12.20% in the latest quarter year on year, which is 5.0 percentage points ahead of the 7.2% median for Consumer Cyclical. It also reports a trailing dividend yield of 1.98% ($2.96 a share a year).

Earnings & Growth

Yum! Brands, Inc. (YUM) beat its earnings estimate in its most recent report, dated July 30, 2026. EPS came in at $1.62 against a forecast of $1.56, a beat of 3.85%. Even so, the share price fell 2.37% in the following session.

Over its last 8 reports, YUM topped the estimate 5 times, yet the stock fell in the first session after every one of those 5 beats. Looking ahead, analysts expect EPS of $6.34 this fiscal year (growth of 4.8%) and $6.82 the year after (growth of 7.6%).

Key risks

On a typical day the price of YUM shifts by 1.35%, the 30-day standard deviation of its daily returns, and its beta against the S&P 500 is 0.55. Over the last 18 months, insider sales totalled $21.0M with no open-market purchases; planned sales and tax sales on vesting shares make selling a weaker signal than buying.

YUM against the Consumer Cyclical sector

How YUM compares with the median Consumer Cyclical stock CleaRank tracks.

P/E ratio 9% below the median
YUM
18.8x
Sector median
20.8x
P/S ratio 146% above the median
YUM
4.7x
Sector median
1.9x
Revenue growth, year on year 5.1 points above the median
YUM
12.3%
Sector median
7.2%

Price to earnings vs sector: Valuation is broadly in line with sector peers (-9% difference), suggesting fair market pricing relative to industry standards.

Return vs SPY: Since May 14, 2025, YUM has gained 3.0% against a gain of 30.3% for SPY.

Performance against SPY

YUM and the S&P 500 (SPY) over the same days.

Jun '25Sep '25Dec '25Apr '26Jul '26Oct '26
YUM SPY

Revenue and earnings

How much YUM sells, and how much of it becomes profit.

Revenue, 12 months
$8.7B
Net income, 12 months
$2.2B
Net margin
25.4%
Revenue growth
+12.3%
Q2 '26, year on year
FY202124% marginFY202219% marginFY202323% marginFY202420% marginFY202519% margin
Revenue Net income

Revenue growth: Revenue grew 8.8% in FY2025 to $8.2B, from $7.5B a year earlier.

Profit margin: The net margin was 19.0% in FY2025, down from 19.7% the year before.

Profitable: YUM earned $1.6B in FY2025.

Earnings reality check

Did YUM beat what analysts expected, and how did the stock react?

Beat the estimate
5 of 8
last 8 reports
Fell after a beat
5 of 5
first session after the report
Average surprise
+1.9%
actual EPS against the estimate
Avg. first-session move
-0.3%
the stock, after the report
EPS surprise
First-session move
Nov '24Feb '25Apr '25Aug '25Nov '25Feb '26Apr '26Jul '26

Earnings record: YUM beat the analyst estimate in 5 of the last 8 quarters.

Market reaction: The stock fell in the first session after 5 of those 5 beats, so a beat has not been enough on its own.

YUM earnings surprises and the stock's reaction
Report Estimate Actual Surprise First session 5 sessions
Jul 30, 2026after close $1.56 $1.62 +3.85% -2.37% -3.01%
Apr 29, 2026after close $1.39 $1.50 +7.91% -0.12% -2.39%
Feb 4, 2026after close $1.76 $1.73 -1.70% +0.95% -0.32%
Nov 4, 2025after close $1.48 $1.58 +6.76% -0.11% +0.80%
Aug 5, 2025after close $1.46 $1.44 -1.37% +1.32% +1.86%
Apr 30, 2025after close $1.28 $1.30 +1.56% -1.22% -0.64%
Feb 6, 2025after close $1.60 $1.61 +0.63% -0.31% +3.29%
Nov 5, 2024after close $1.41 $1.37 -2.84% -0.26% -0.08%

As of October 26, 2026, YUM has beaten the analyst EPS estimate in 5 of its last 8 reported quarters and fell in the first trading session after 5 of those beats; its latest report, on July 30, 2026, came in 3.85% above the estimate and the stock moved -2.37% in the first session.

The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.

04

YUM AI analysis and technical indicators

CleaRank's score and reasoning, the indicators behind it, and what the price moves with.

4.0

Momentum checks

3/3
  • RSI not overbought or oversold ›
    The 14-day RSI is 56.7, in neutral territory.
  • RSI above 50 ›
    An RSI of 56.7 is above the 50 midpoint, so buyers have had the upper hand over the last 14 days.
  • MACD line above zero ›
    The MACD line is positive, so the 12-day average is above the 26-day average.

CleaRank Financial AI analysis of YUM

The score, the reasoning behind it, and what could move the price next.

Company's health
4/5
12-month analyst target
$171.70
+14.87% above price · median of 26 analysts
AI analyst consensus
57/100
Hold
What the AI sees

Yum! Brands, Inc. (YUM) is caught between its two long-term averages. At $149.47, the stock is 2.65% below its 200-day average of $153.53 but 2.57% above its 50-day average of $145.72. Because the averages lag the price, the 50-day sits 5.09% below the 200-day. Within its 52-week range, running from $134.26 up to $170.14, the price stands at 42%.

Across three windows the price has climbed: 7.82% over the past month, 1.13% over the past three months and 4.26% over the past year. Momentum tells a similar story in a calmer way. The 14-day RSI sits at 56.7, which is neutral territory, and the MACD line is positive.

Catalysts
Risks
  • Analyst downgrade ›

    Argus Research downgraded it to Hold from Buy on September 24, 2026.

    Source: Analyst action, Argus Research, September 24, 2026
Other events
  • Earnings beat, but the stock fell ›

    The July 30, 2026 report beat the EPS estimate by 3.85%, and the share price fell 2.37% in the first session after it.

    Source: Earnings report, July 30, 2026
  • Rating reaffirmed ›

    Citigroup kept its Neutral rating on October 21, 2026.

    Source: Analyst action, Citigroup, October 21, 2026
ProTips
  1. The two levels nearest the price are the 200-day SMA at $153.53, which sits above it, and the 20-day EMA at $147.11, which sits below.
  2. The 14-day RSI reads 56.7, in the neutral zone, with the MACD line positive; readings above 70 or below 30 mark stretched momentum.
  3. The share price fell 2.37% in the first session after the July 30, 2026 report. Over the last 8 reports, YUM has beaten estimates in 5 of them.
Market outlook

The trend is mixed: YUM is above its 50-day average at $145.72 but below its 200-day average at $153.53. A close above the 200-day would turn both signals up, and a close below the 50-day would turn both down. In the meantime the price sits between the 20-day EMA ($147.11) underneath and the 200-day SMA ($153.53) overhead.

Yum! Brands, Inc. (YUM) has a 14-day RSI of 56.7, which places it in the neutral zone between 40 and 60.

Technical indicators

Momentum and trend for YUM, from its daily closes.

Technical rating Neutral 2 of 4 signals bullish
  • RSI Neutral
  • SMA cross Bearish
  • Price vs SMA Bullish
  • MACD Bullish
Momentum Neutral
56.714-day RSI
Oversold <30 Neutral Overbought >70
MACD (12, 26) 2.29 Bullish
Trend Death cross
+2.6%price against the 50-day average
200-day $153.53 50-day $145.72 Price $149.47
Price against the 200-day -2.6% Bearish

As of October 26, 2026, with YUM at $149.47, its 14-day RSI is 56.7 (neutral territory), its 50-day simple moving average is $145.72 and its 200-day is $153.53.

Calculated by CleaRank on daily closes as of October 26, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these

What YUM moves with

Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.

-1 0 +1
S&P 500 (SPY) +0.21 Weak
Nasdaq 100 (QQQ) +0.09 Weak
Bitcoin (BTC) -0.01 Weak
Gold (XAU) +0.03 Weak

As of October 26, 2026, YUM's 1-year correlation of daily returns is +0.21 with S&P 500 (SPY), +0.09 with Nasdaq 100 (QQQ), -0.01 with Bitcoin (BTC) and +0.03 with gold (XAU).

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05

YUM price target and analyst forecast

The analysts' target range and how their ratings split.

5.0

Analysts checks

2/3
  • Most analysts rate it a buy ›
    12 of 26 analysts rate it a buy or strong buy, 14 a hold and 0 a sell.
  • Median target above the price ›
    The median 12-month target of $171.70 is 14.9% above the price.
  • More buy ratings than three months ago ›
    12 of 26 rate it a buy now, against 11 of 26 three months ago.

YUM Wall Street View

12-month price targets

Low $147.00 Median $171.70 (+14.9%) High $200.00

Ratings

Buy 12 Hold 14 Sell 0 3 months ago: 11 of 26 buy

Recent rating actions

Recent analyst rating actions on YUM
Date Firm Action Rating
Oct 21, 2026 Citigroup Maintains Neutral
Oct 7, 2026 TD Cowen Maintains Buy
Oct 6, 2026 Guggenheim Maintains Buy
Sep 29, 2026 JP Morgan Maintains Overweight
Sep 24, 2026 Argus Research Downgrade Hold
Sep 16, 2026 Baird Maintains Outperform

As of October 26, 2026, 26 Wall Street analysts cover YUM: 12 rate it a buy or strong buy, 14 a hold and 0 a sell or strong sell. Their 12-month price targets range from $147.00 to $200.00. The median YUM price target is $171.70, 14.9% above the price of $149.47.

Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.

06

YUM trade plan: entry, stop loss and targets

Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.

YUM trade plan

Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.

Your bias
Risk per trade 1%
Conservative Aggressive
Portfolio value
$
Position size: Enter portfolio size →

Entry Strategies pick an entry style

Conservative
$147.98
Slight discount to current
Lower entry level
Aggressive
$149.47
At current price
Entry at the current price

Risk management

Stop loss
$142.35
Max loss
-3.8%
Volatility-adjusted stop Set from the RSI (56.7) and recent volatility.

Profit targets (Based on Conservative Entry)

Target 1
$152.41
+3% (Conservative) +2.0% (Aggressive)
Target 2
$155.37
+5% (Conservative) +4.0% (Aggressive)
Target 3
$159.81
+8% (Conservative) +6.9% (Aggressive)

These levels come from YUM's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.

Risk profile

How much YUM tends to move, against the market and on its own.

Beta
0.55
against the S&P 500; 1 moves with the market
Daily volatility
1.35%
30-day standard deviation
52-week range
$149.47
$134.26 42% of the way up $170.14

Compare YUM

Put YUM side by side with other stocks and benchmarks.

07

YUM price history and drawdowns

YUM's worst falls and recoveries, what $10,000 became, and which months have been kind to it.

7.0

Track record checks

3/4
  • Average daily move under 2% ›
    The price has moved 1.35% on an average day (30-day standard deviation of daily returns).
  • Recovered from its worst fall ›
    The worst fall was 43.6%, from August 2019 to March 2020, regained by April 2021.
  • Most 1-year holds ended higher ›
    84% of 1-year holding periods in the last 10 years ended with a gain.
  • Beat the S&P 500 since the chart begins ›
    $10,000 invested in October 2016 is now worth $29,074, against $42,015 in the S&P 500 (SPY).

YUM Drawdowns & Recovery

Worst fall, last 10 years
-43.6%
August 2019 to March 2020
Recovery
13 months
back at the old peak by April 2021
From the 10-year high
-11.1%
highest close, February 2026
1-year holds that gained
84%
of every 1-year window

As of October 26, 2026, YUM's worst peak-to-trough fall over the last 10 years with dividends reinvested was -43.6% (August 2019 to March 2020); it regained that peak by April 2021, 13 months after the low, and 84% of 1-year holding periods ended with a gain.

From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.

Growth of $10,000

What $10,000 put into YUM in October 2016 is worth now, against the same amount in the S&P 500.

YUM today
$29,074
from $10,000 in October 2016, dividends reinvested
S&P 500 today
$42,015
the same $10,000 in SPY
Behind the index by
$12,941
0.7x the index result
Total change
+191%
2.9x the starting amount
20182020202220242026
YUM S&P 500 (SPY)

Against the market: YUM trailed the S&P 500 over this period: $29,074 against $42,015.

A $10,000 investment in YUM in October 2016 would be worth about $29,074 today with dividends reinvested, compared with about $42,015 for the same investment in the S&P 500 benchmark (also with dividends reinvested).

Seasonal patterns

Which calendar months have been kind to YUM, and which have not.

Jan6/10 upFeb8/10 upMar5/10 upApr8/10 upMay4/10 upJun4/10 upJul9/10 upAug7/10 upSep3/10 upOct3/9 upNov9/10 upDec6/10 up

Strongest month, November: an average of +5.62%, up in 9 of 10 years.

Weakest month, March: an average of -2.93%, up in 5 of 10 years.

This month, October: has averaged -1.00%, up in 3 of 9 years. Past seasonality does not repeat on schedule.

Over the last 10 years, YUM's strongest calendar month has been November (average +5.62%, up in 9 of 10 years) and its weakest March (average -2.93%, up in 5 of 10 years).

Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.

08

YUM stock price prediction 2030

Thousands of simulated paths from the price history. A range of outcomes, not a forecast.

Monte Carlo projection

Thousands of simulated paths for $10,000 in YUM, from its own past volatility. The shaded area holds 80% of them.

Downside, 2030
$7,421
10th percentile
Base case, 2030
$13,357
median path
Upside, 2030
$24,040
90th percentile
20262027202820292030
Upside (90th) Base case (median) Downside (10th) 10th to 90th percentile

CleaRank's 4-year Monte Carlo simulation, based on 10 years of price history, projects that a $10,000 investment in YUM today could grow to about $13,357 by 2030 in the base case, with a 90th-percentile outcome near $24,040 and a 10th-percentile outcome around $7,421. The simulation models price only; at today's 1.98% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.

YUM Stock Price Prediction 2030: Simulated Scenarios

The same simulation in share prices, year by year.

Price today
$149
Base case, 2030
$200
1.3x over 4 years
Range, 2030
$111 to $359
10th to 90th percentile

CleaRank's simulation projects a price near $200 for YUM by 2030 in the base case, from $149 today (1.3x over 4 years). The 10th-percentile path ends near $111. These are outcomes of a Monte Carlo simulation run on YUM's historical return distribution, not price targets, and they assume no dividends are reinvested.

YUM simulated price paths by year
Year 10th percentile Base case 90th percentile range base today
2027 $120 $161 $216
2028 $114 $173 $262
2029 $112 $186 $309
2030 $111 $200 $359

Method: a lognormal simulation of YUM's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. How the simulation works

09

YUM insider trading

What the people running the company have bought and sold.

YUM insider trading

Shares the company's directors and officers bought and sold, from their own filings.

Bought
None
no open-market buys
Sold
$21.0M
46 open-market sales
Insiders filing
16
over the last 18 months
Average trade
$458K
buys and sales together

Month by month

Open-market purchases above the line, sales below.

May '25Aug '25Nov '25Feb '26May '26Aug '26Oct '26

Net insider selling: No insider bought YUM shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.

As of October 26, 2026, YUM insiders reported 46 open-market sales worth $21.0M and no open-market purchases over the last 18 months; grants and option exercises are not counted.

Insider transactions in YUM
Date Insider Type Shares Value
Oct 7, 2026
Christopher Lee Turner
Chief Executive Officer
Sell 285 $39.9K
Oct 1, 2026
Scott Mezvinsky
Officer
Sell 241 $33.0K
Oct 1, 2026
Scott Mezvinsky
Officer
Option 482 $32.8K
Sep 1, 2026
Scott Mezvinsky
Officer
Sell 268 $41.2K
Sep 1, 2026
Christopher Lee Turner
Chief Executive Officer
Sell 261 $40.1K
Sep 1, 2026
Scott Mezvinsky
Officer
Option 482 $32.8K
Aug 24, 2026
Tracy L Skeans
Chief Operating Officer
Sell 3.5K $552.1K
Aug 18, 2026
Sean Tresvant
Officer
Grant 4.1K -
Aug 3, 2026
David Eric Russell
Officer
Sell 8.0K $1.2M
Aug 3, 2026
Scott Mezvinsky
Officer
Sell 268 $41.0K
Page 1 of 11

Source: TwelveData, from SEC Form 4 filings

10

YUM stock forecast: questions people ask

Answered from the figures on this page, as of October 26, 2026.

YUM Forecast: Frequently Asked Questions

Is Yum! Brands, Inc. (YUM) a buy right now?
The Hold rating comes from a model score of 57/100. Most of the lift comes from the analysts' outlook, as the median target is 14.9% above the price. The biggest drag is the trend: the price is 2.65% below its 200-day average, and the 50-day average is 5.09% below the 200-day. This describes the data on this page and is not a personal recommendation.
How has Yum! Brands, Inc. (YUM) performed over the past year?
The price rose 4.26% over the past year. Over shorter spans, the gains were 1.13% across three months and 7.82% across the past month. YUM now trades 12.15% under its 52-week high of $170.14.
What are the key price levels for YUM?
On the upside, the first level YUM meets is the 200-day SMA at $153.53, followed by the 52-week high at $170.14. On the downside, the 20-day EMA at $147.11 comes first, then the 50-day SMA at $145.72.
Is YUM expensive compared with Consumer Cyclical stocks?
YUM's trailing P/E of 18.82 is 9.5% below the Consumer Cyclical median of 20.8. The peer comparison on this page calls that broadly in line with peers. The price-to-sales ratio of 4.68 is 146.3% above the sector median of 1.9. These medians are drawn from 70 stocks across the entire sector, not just direct rivals.
Does YUM pay a dividend?
Yes. YUM has a trailing dividend yield of 1.98%, or $2.96 a share a year. A yield is the dividend divided by the price, so it changes when either one does.
What do Wall Street analysts think of YUM?
Of the 26 analysts following YUM, 12 rate it a buy, 14 rate it a hold, and none rate it a sell. Their median 12-month target is $171.70, which is 14.9% above the current price.
How often has YUM beaten earnings estimates?
In our data, YUM has beaten the EPS estimate in 5 of the last 8 reports. After 5 of those 5 beats, the share price closed lower in the first session.
How volatile is YUM?
On an average day YUM's price moves 1.35%, based on the 30-day standard deviation of daily returns. Measured against the S&P 500, its beta is 0.55.
Are YUM insiders buying or selling?
Over the last 18 months, insiders sold $21.0M of stock and bought none on the open market. Sales are often planned in advance or made to cover tax on vesting shares, so they say less than purchases would.
What is the 52-week range of YUM?
Over the past 52 weeks YUM has moved between $134.26 and $170.14. At $149.47 the stock sits at 42% of that span, 11.33% above the low and 12.15% below the high.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The stock analysis, trade plans, and AI-generated signals presented for YUM are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. They do not represent actual trades made by CleaRank or its affiliates. Stock prices can be volatile and are subject to market, economic, and company-specific risks. Market data is provided "as-is" and may be delayed by 15 minutes or more. We do not guarantee the accuracy, completeness, or timeliness of any data. You should never invest money you cannot afford to lose. Past performance does not guarantee future results. Consult a qualified financial advisor before making any investment decisions. Analysis generated on October 27, 2026.

Disclaimer:

Engaging in financial markets carries significant risk of total capital loss. Markets are volatile, unpredictable, and past success does not guarantee future results. Never invest funds you cannot afford to lose. CleaRank does not offer financial, investment, or advisory services. We provide no recommendations, endorsements, or guarantees regarding market outcomes. You alone are responsible for your decisions.

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