Seeking Alpha

As the only pure-play ETF provider, WisdomTree (WETF) is being called a "scarcity stock" by its...

As the only pure-play ETF provider, WisdomTree (WETF) is being called a "scarcity stock" by its fans. The stock's big run though - up 53% YTD - has it trading at 30x earnings and 5% of AUM. "Expensive stocks can get more expensive," says a bullish Citigroup. Maybe. At these levels, writes Brendan Conway, a "fresh gust" of ETF optimism could be needed. (more here)
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