With Xero and WiseTech likely to make fresh 2026 lows this week we again have to face the music and consider whether we’ve backed the wrong horse. We’ve already seen the “AI Disruption Trade” proved fallible with stocks like Megaport (+78%) and Technology One (+7%) outperforming the ASX as the market looks to dissect which businesses will be beneficiaries of AI and which will be painfully disrupted.
- We can see some great opportunities in this thematic both home and abroad and as we saw with MP1 when it turns, it can turn hard.
MM is bullish towards XRO around $72
Add To Hit List
