WPP plc (WPP): A Bull Case Theory

We came across a bullish thesis on WPP plc on Waterboy’s Substack by Waterboy. In this article, we will summarize the bulls’ thesis on WPP. WPP plc’s share was trading at $27.60 as of July 29th. WPP’s trailing and forward P/E were 8.32 and 5.51 respectively according to Yahoo Finance.

A media buying executive looking out a window at a brand advertiser’s billboard.

WPP plc (WPP), once a dominant force in global advertising, has fallen from its blue-chip pedestal, now trading near...