World Wrestling Entertainment - Chart Of The Day

The Barchart Chart of the Day belongs to World Wrestling Entertainment (WWE). I found media and entertainment stock by using Barchart to sort today's Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation over the last 6 months. Since the Trend Spotter signaled a buy on 4/11 the stock gained 30.64%.

World Wrestling Federation Entertainment Inc. is an integrated media and entertainment company, principally engaged in the development, production and marketing of television programming, pay-per-view programming and live events, and the licensing and sale of branded consumer products featuring our highly successful World Wrestling Federation brand.

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Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 178.32+ Weighted Alpha
  • 162.30% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 29.13% in the last year
  • Relative Strength Index 89.63%
  • Technical support level at 48.47
  • Recently traded at 50.31 with a 50 day moving average of 39.02

Fundamental factors:

  • Market Cap $3.36 billion
  • P/E 58.49
  • Dividend yield 1.10%
  • Revenue expected to grow 6.80% this year and another 7.40% next year
  • Earnings estimated to increase 57.10% this year, an additional 25.00% next year and continue to compound at an annual rate of 37.93% for the next 5 years
  • Wall Street analysts issued 3 strong buy, 3 buy and 7 hold recommendations on the stock
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