UGI: Narrative Moving Beyond AmeriGas, Could Re-Rate To $40+ In 18 Months

Core Viewpoint - UGI Corporation is identified as a top rebound pick for 2024, having rebounded sharply from a recommendation price of $23 to$32, with potential to reach $40+ in the next 18 months through deleveraging [1] Company Summary - UGI Corporation's stock has shown significant recovery, indicating strong market interest and potential for further growth [1] - The company is viewed favorably for its risk/reward trade-off, appealing to fundamental analysis strategies [1] Investment Strategy - The investment approach includes options strategies such as covered calls on overvalued stocks and writing puts on desired stocks at lower prices, indicating a tactical investment methodology [1]