Xero (XRO) has regularly been our “go to” tech stock to illustrate how we see the market unfolding through 2021 and so far its rewarded both our investment and thesis towards it as a market indicator. XRO continues to look very bullish and we anticipate new all-time highs into Christmas but investors should be mindful that this quality growth stock is priced for success and another 30-40% correction is likely in the next 6-12 months, after all why change a habit of the last 4-years!
MM remains bullish XRO initial targeting $160
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