I llistened to an experienced investor running a big, successful fund sometime last year. He mentioned not to think of stocks like "blue chip" or "growth" or whatever. But that these are just businesses. Some may grow faster than others, some may revolve around capital return. But essentially you can approach and therefore value the business from metrics it offers.
It has clearly made advancements and done deals. But what are those deals worth? As in, how are the inflows of capital and potential growth thereon going to value this company. Otherwise it is just speculation.
WBT Price at posting:
$1.68 Sentiment: Hold Disclosure: Not Held
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