
TSE:WPM
This summary was created by AI, based on 11 opinions in the last 12 months.
Wheaton Precious Metals (WPM) is viewed positively by multiple experts, with many considering it a strong addition to a diversified portfolio, especially for those bullish on gold. The company is highlighted for its unique position as a royalty streamer, providing exposure to gold prices while mitigating risks associated with mining. Several analysts express caution about the market's current volatility, suggesting that while WPM is a solid investment, it might not be the best time to increase exposure. Predictions for the company's future growth remain optimistic, with price targets suggesting significant upside potential. However, there is also recognition of recent peaks in the sector that indicate a potential need for consolidation before further advancement.
He bought them a long time ago and sold with profit. They would be in the same class as Franco-Nevada. WPM is not going to finance anymore. The cashflow is what it is and there will be little upside since it is a royalty company. He would prefer Franco-Nevada. He would look elsewhere where you can get appreciation.
From a trade perspective, a bit overbought. He's a trader at heart, and buys into dips. If you're a bull, by all means keep holding. But he took some $$ off the table.
Likes both gold and silver here. Gold and silver equities and exposure to them are very undervalued relative to long-term trends; analysts tell him it's likely going to stay that way for a while. The market just doesn't believe that gold and silver prices are going to remain elevated.