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Tidewater Shares Delivering Big Returns

By:
Lucas Downey
Published: Apr 12, 2024, 20:51 UTC

Tidewater, Inc. (TDW) shares are up 36% this year. It’s clear why too – Big Money investors have been buying the stock for a while.

Wall st, FX Empire

In this article:

Tidewater Rising on Big Money Accumulation

Institutional volumes reveal a lot. In the past year, our proprietary signals indicate TDW has enjoyed a surge in demand. We believe this to be strong institutional support.

Each green bar signals unusual trading action in TDW stock. The green color indicates our proprietary inflow signal:

Source: www.mapsignals.com

Plenty of energy names are under accumulation right now. But when you dive into the fundamentals, there’s a special tailwind going on with Tidewater.

Tidewater Fundamental Analysis

Institutional support and healthy fundamentals make this company interesting. As you can see, TDW has had positive sales and EPS growth in recent years:

  • 3-year sales growth rate (+41.3%)
  • 3-year EPS growth rate (+59.8%)

Source: FactSet

The one-year EPS outlook is estimated to increase by +58.7%.

Now it makes sense why the stock has been powering to new heights. TDW is gaining due to blowout earnings.

Combining great fundamentals with our proprietary software has found some big winning stocks over the long term.

TDW has recently been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report numerous times. The blue bars below show when TDW was a top pick…plotting a beautiful uptrend.

Source: www.mapsignals.com

Tracking unusual volumes is a great way to discover heavy demand.

This is a trait that most outlier stocks exhibit. Outlier stocks are bought relentlessly by Big Money.

Tidewater Price Prediction

The TDW rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in TDW at the time of publication.

If you are a Registered Investment Advisor (RIA) or a serious investor looking to take your investing to the next level, learn more about the MAPsignals process here.

About the Author

Lucas Downeycontributor

Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.

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