NXT is another quality tech stock that experienced some selling yesterday although a -2% dip is not significant for a stock that’s advanced over +42% so far this year. We are fans of this data centre business believing it will eventually breakout above $14 hence the risk/reward will start to look attractive back around the $12 area.
- We might consider NXT to increase our tech exposure through the 2H around 5% lower.
MM likes NXT ~$12
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