speculate
Verb
Meaning
To consider by turning a subject in the mind, and viewing it in its different aspects and relations; to meditate; to contemplate; to theorize; as, to speculate on questions in religion; to speculate on political events.
To view subjects from certain premises given or assumed, and infer conclusions respecting them a priori.
To purchase with the expectation of a contingent advance in value, and a consequent sale at a profit; -- often, in a somewhat depreciative sense, of unsound or hazardous transactions; as, to speculate in coffee, in sugar, or in bank stock.
To consider attentively; as, to speculate the nature of a thing.
Source: Webster's dictionarySynonyms
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Examples
I mulled over the events of the afternoon
philosophers have speculated on the question of God for thousands of years
The scientist must stop to observe and start to excogitate
Scientists supposed that large dinosaurs lived in swamps
I bought this house not because I want to live in it but to sell it later at a good price, so I am speculating
We were speculating whether the President had to resign after the scandal