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What does MM feel towards Calix (CXL) today?

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

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What does MM feel towards Calix (CXL) today?

Hi, Shawn and team On the 26th of October you sent out an email “ What we like right here, right now” Seek Hub24 Goodman group Metcash APA group Centuria Capital Aussie broadband Audinate Calix I purchased a small amount of all of the above but have since read that on the 28th of October the Australian government declined funding for carbon capture, use and storage projects. Effecting Calix and it’s share price . Do you still feel the same way about this stock ? Will you release emails in the future as to when we should jump out of the stocks above. Kind Regards, Chris Allchin

Answer

Hi Chris,

The majority of those stocks are tracking nicely but obviously you will receive alerts when MM exits the likes of Seek (SEK), HUB24 (HUB) and Goodman Group (GMG) to name a few. However we will write a report next week providing updates on all of the stocks mentioned as the market enters the traditionally strong Christmas period.

As for Calix (CXL) we still like it including how its rallied over 25% from its panic November low at $4.02.

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Calix (CXL)
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