WTC has performed strongly through 2022 falling less than 10% when many in the sector have tumbled well over 30%, again we reiterate MM believes this is a year to be long quality companies, producing strong and sustainable earnings as investors have become far more cautious as to how / where they invest their hard-earned dollars.
- We can still see WTC making fresh all-time highs before Christmas making WTC great risk/reward buying around $45, or another 15% lower
NB Strong performers such as WTC often fail to pull back as far as buyers are hoping, there’s a good argument to start accumulating WTC below $50.
MM likes WTC ~$45-50
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