Donald Trump naming Scott Bessent as his Treasury nominee sparked a buying spree on Monday. Flagstar Financial stock has been taking off this week and still trades well below its book value. Teladoc Health stock was recently called a Buy at Goldman Sachs, which expects growth to resume in 2026. WisdomTree is trading at a six-year high and is projected to see profits climb more than 50% this year.
have slumped 43% year to date. Much of this has to do with Amazon competing with it in telehealth since the market knows that the tech behemoth can run the unit at a loss for decades in order to steal market share. Teladoc doesn’t have that option as the market has discounted its shares as its losses have continued.
shares, which was then a 50% premium. stock has decided to start rallying in just the last few sessions, pushing the share price above $12 for the first time since May. Now holding above the 200-day Simple Moving Average for the first time since August 2023, this might be the beginning of a long rally.
daily stock chart WisdomTree Already up 77% this year, WisdomTree is a manager of exchange-traded funds, aka ETFs. Shares are now trading at a level not seen since 2018. The narrative largely revolves around gradually increasing revenue and the custodians venture into digital asset ETFs. WisdomTree is an investment manager akin to BlackRock or State Street , except it focuses wholly on ETFs and manages much less money.