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Does MM prefer HUB24 or Altium?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked

Does MM prefer HUB24 or Altium?

Hi James and Team, What would be your preference currently between HUB 24 and Altium. Regards Debbie

Answer

Hi Debbie,

We hold both of these stocks in our Flagship Growth Portfolio, they have performed stoically, and at this stage the answer is we like them both. It’s sort of like trying to pick a favorite child!

However, we do think there is probably more upside for HUB24 (HUB) in the short term given its strong platform growth that was reported recently and the aggressive commercial model they run. That said, ALU continues to go from strength to strength and we see at least 15% upside into Christmas, but more wouldn’t surprise.

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Altium Ltd (ALU)
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