WisdomTree Buyers Looking Smart

WisdomTree uses blockchain technology to offer customers exchange-traded products and models. The company is seeking to be an early mover on tokenized asset investing, which involves converting ownership in funds (e.g., real estate or mutual fund) into digital tokens on a blockchain ledger, with each token representing a share of ownership. Its WisdomTree Prime and WisdomTree Connect platforms have generated revenue opportunities in tokenized investments.

WT’s third-quarter fiscal 2024 earnings report showed record assets under management of $113 billion. The company’s revenue grew 2.3% from the prior quarter and 20.5% from the previous year. It has also benefited from scale and solid cost management, which is reflected in operating margin expansion of 37.3%.

It’s no wonder WT shares are up 70% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Big Money Loves WisdomTree

Institutional volumes reveal plenty. In the last year, WT has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in WT shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of financials names are under accumulation right now. But there’s a powerful fundamental story happening with WisdomTree.

WisdomTree Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, WT has had strong sales growth and profits:

• 3-year sales growth rate (+11.6%)
• 3-year EPS growth rate (+55.6%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +10.5%.

Now it makes sense why the stock has been powering to new heights. WT has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

WisdomTree has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times in the last year. The blue bars below show when WT was a top pick…growing with time:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

WisdomTree Price Prediction

The WT rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in WT at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.