-
Posted by
Two Blokes May 20 -
Filed in
Stock
-
2 views
I'm upgrading MTUM to a buy as momentum outperforms and bullish seasonality supports further gains ahead of the semi-annual rebalance. MTUM's sector allocation—underweight tech, overweight industrials and financials—has driven alpha in 2025, with more upside likely post-rebalance. Technical indicators, including a new all-time high and strong RSI, suggest continued bullish momentum, with a potential price target of $290.
