The ValueInvesting Subreddit featured a bullish thesis on Wheaton Precious Metals Corp. (WPM) with shares trading at $90.56. WPM offers low-risk, high-margin exposure to precious metals through streaming agreements, boasting net margins over 42% and a strong balance sheet with no debt and over $1.1 billion in cash. Analysts predict a target price of $90-100 per share.

Wheaton’s unique streaming model delivers consistent cash flow and scalability, supported by a diversified portfolio of inflation-resistant assets and disciplined management. With strong financials and an asset-light structure, the company is positioned for approximately 40% cash flow growth over the next five years. Analysts see further upside with a target price of $90-100 per share.

Despite a 3% stock price decrease, Harmony Gold Mining Company Limited holds strong fundamentals and favorable macro conditions. Wheaton’s asset-light model and downside protection through streaming contracts are emphasized as key strengths. Analysts project a target price of $90-100 per share for Wheaton, reflecting the company’s intrinsic value and market scarcity of low-risk, high-margin vehicles in the metals industry.

Read more at Yahoo Finance: Wheaton Precious Metals Corp. (WPM): A Bull Case Theory