PLAT News and Press, WisdomTree Modern Tech Platforms Fund From 06/27/22

Earnings for the S&P 500, according to Howard Silverblatt’s work at S&P, are expected to rise 7.7% in 2022. Growth stocks were grossly overvalued going into that bear market and they took the brunt of the damage. Real estate did well last week with rates falling bac...

From the November peak to the recent trough, U.S. large cap growth stocks lost more than 30%, a decline on par with the pandemic induced bear market. Growth is still trailing the S&P 500 by roughly 10% and nearly 17% versus comparable value indexes. As economic growth slows, i...

Appian grew quarterly revenues at a rate of more than 28% in the first quarter of 2022 as a result of more people subscribing to its cloud platform and existing customers buying more. Still, in a market where the focus is more on profitability and cash consumption, the stock has been ...

Cboe Global Markets is an attractively priced company operating in the stock exchange industry with additional growth thanks to current volatility. The company has a decent dividend yield and high dividend growth fueled by its steadily rising free cash flow. Additionally, I believ...

Upstart was savaged (+50%) after their Q1 earnings call, falling disproportionately relative to a moderation in revenue growth and a  contraction in profit margins forecast for the rest of 2022. The Market's stern response can be attributed to three main factors: first, Upstart's...

Bumble is a leading social media company with a focus on online dating and social networking. The company operates Badoo, Bumble, and Fruitz. With an MAU of more than 40 million, Bumble is arguably the biggest competitor to Tinder. From 2018 to 2021, Bumble has grown at a 3-year C...

Growth stocks are under acute pressure as rising interest rates change the dynamics that drive equity valuations. Market corrections are always painful, but investors in growth equities have suffered a particularly harsh blow this year. This year’s market correction reflect...

Coupa recently reported a strong Q4 with revenue coming in above expectations and margins improving yoy. FY23 guidance was disappointing with revenue growth of just 15-16% and operating margins of 3-4%. Valuation is still at a premium around 7.5x forward revenue, though revenue de...

MSCI U.S. Growth has underperformed its Value counterpart by 16% in the first 4 months of 2022 and had a tough end to 2021 as well. The fact that growth traps are more painful than value traps is, in one sense, not really a surprise. Value stocks are already companies that investors d...

Stocks had a ripsnorter of a rally last week and a lot of people are pondering the question in the title over this long weekend. Sentiment is certainly negative right now by several measures. Sentiment surveys (AAII, Investor’s Intelligence, etc.) are universally negative becau...