WHEATON PRECIOUS METALS CORP (NYSE:WPM) Combines High Growth Momentum with Strong Technical Setup

WHEATON PRECIOUS METALS CORP (NYSE:WPM) presents a strong case for high growth momentum investors, combining solid fundamental growth metrics with a technically sound breakout setup. The strategy used here integrates three proprietary ChartMill ratings: the High Growth Momentum Rating (HGM), which finds companies with accelerating earnings and sales momentum; the Technical Rating (TA), which measures the stock’s trend strength and relative performance; and the Setup Rating, which judges the quality of consolidation patterns to identify good entry points. This multi-layered method ensures that chosen stocks show not only solid growth characteristics but are also positioned well from a technical view, lowering entry risk and fitting with strategies made popular by CANSLIM and Minervini methodologies.

Fundamental Growth Momentum Wheaton Precious Metals is notable with a High Growth Momentum Rating of 7, reflecting its strength across several key growth dimensions. The company has shown exceptional earnings per share (EPS) growth, with a trailing twelve-month (TTM) increase of 48.15% and a most recent quarter-over-quarter EPS surge of 91.19%. Revenue growth is also impressive, up 46.79% year-over-year and 68.25% in the latest quarter. These numbers point to not just growth but acceleration, a key factor for momentum investors looking for companies that are gaining operational momentum rather than only keeping steady progress. Additionally, free cash flow per share has grown by 68.82% over the past year, highlighting improved cash generation efficiency. The company has also beaten EPS estimates in three of the last four quarters, with an average beat of 4.46%, while analysts have raised next year’s EPS estimates by almost 14% over the past three months, a solid vote of confidence in its near-term outlook. These parts together confirm the HGM Rating’s focus on earnings acceleration, surprise performance, and analyst revisions, which are key traits of high-growth candidates.

Technical Strength and Setup Quality From a technical view, WPM performs well with a ChartMill Technical Rating of 9, indicating superior trend health and market-relative performance. The stock is in a long-term positive trend and has done better than 87% of all stocks over the past year, reflecting strong institutional support and momentum. Its price is consolidating within a set range ($90.39,$103.81), which has formed a high-quality setup pattern, getting a Setup Rating of 8. This consolidation phase indicates a period of balance between buyers and sellers, often coming before a notable price movement. The technical analysis points out clear support zones, especially near $94.89, giving a logical level for stop-loss orders to handle risk. Also, the stock’s position above important moving averages (e.g., SMA20 at $94.89, SMA50 at $92.35) confirms the underlying uptrend is still in place. For a detailed breakdown of the technical analysis, readers can see the full technical report.

Strategic Implications for Investors The coming together of high growth momentum and a solid technical setup makes WPM an appealing candidate for investors using a growth-and-breakout strategy. The fundamental metrics fit with the HGM Rating’s focus on accelerated growth and positive revisions, while the technical profile offers a good risk-reward setup with defined support and resistance levels. This mix is especially useful in the current market environment, where the S&P 500 shows positive short- and long-term trends, giving a supportive background for breakout plays. Investors should note, however, that the stock’s consolidation phase needs patience; a clear breakout above the recent range high could signal the next move up, while a failure to hold support might suggest a need for reassessment.

For those interested in finding similar high-growth, technically ready opportunities, more screening results are available via this customized screen link.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consider their risk tolerance before making any investment decisions.