If you are looking to make a concentrated bet on the growth of the ETF industry, there is pretty much one option at your disposal, WisdomTree investments ( (WETF – Snapshot Report). Fortunately for investors though, this is a great looking stock with an exceptionally well-positioned product mix that could benefit from current trends in the marketplace.
WisdomTree Strategy
WETF is an ETF provider that takes a novel approach when it comes to its product lineup. Instead of having a multitude of funds for every type of investor, the company has specialized in dividend strategies and hedging techniques in order to garner assets under management.
WETF has 11 products that have at least $1 billion in assets including the ultra popular Japan Hedged ETF, DXJ, and its European counterpart HEDJ. These two play on the strong dollar trend and have been impressive performers for WisdomTree as of late.
Earnings Estimates
Thanks to this solid product mix, WisdomTree has risen to prominence in the ETF industry. But with the prospect of a strong dollar in the near future, and the importance of promising dividend strategies as should bond rates rise, there is plenty of reason to think that a nice run for WETF can continue. That is probably why shares of WETF have moved higher by over 30% in the past six months, and why WETF analysts have been raising their earnings estimates for the stock.
In the past seven days, we have seen estimates only go higher for WETF stock including four increases for the current year. Growth rates for WETF are also astounding as EPS is expected to be 114% higher this quarter against the year ago period, while the current year is expected to see 94% growth.