At no time in history has there been such focus on our carbon footprint, and rightly so. Calix is an innovative business that is at the cutting edge of developing environmentally friendly, industrial solutions that in essence allow for more environmentally friendly production of important things like cement. With the recent pullback in high valuation unprofitable stocks, Calix has been caught in the downdraft falling ~30% and now presents another buying opportunity. While MM owns CXL from lower levels, we are bullish CXL and for those interested in a speculative play that has cutting edge technology to help with carbon omissions, importantly with industrial / commercial applications, we see this as a buying opportunity below $6.00.
MM is bullish CXL <$6.00
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