Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM, Further to your various commentary on NXL over the last year or so (and in particular earlier this year), and NXL's recent price action; what developments, and what approximate price, would likely have you pulling the trigger on NXL for your Emerging Companies Portfolio? Thanks. Darren
Hi Darren,
The data analytics company is one we wished we had bought into weakness at the start of the year, Nuix (NXL) has since doubled from January. We have dropped it from our Emerging Companies Portfolio hitlist this week given the recent strength however it will remain on our radar into pullbacks. We expect the stock to consolidate around $3 near term, its a coin toss though if it can test the support ~$2.20, a pullback we would consider buying.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
