MM has enjoyed a +37% appreciation by MP1 over the last 3-months but we’ve been considering whether it has simply become a case of too much too fast and yesterday’s lackluster reaction to an excellent quarter, which showed record growth across all areas, supports this thought. Conversely Nuix (NXL) which has tumbled 50% over the same period we feel is now offering some compelling value assuming there are no more hidden “surprises” under the hood.
MM is considering switching from MP1 to NXL
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NB MM currently holds a fairly small 3% exposure to Megaport (MP1) on our Flagship Growth Portfolio: Click here to view
