It’s been a volatile journey post-COVID for XRO as high-value stocks go in and out of favour, although the cloud-based accounting firm continues to deliver operationally. MM has held XRO for around four years, making us especially aware of how the stock can move on sector sentiment, often more than underlying company performance.
- We continue to consider trimming, or taking profit, on our XRO position above $140 – MM is long XRO in our Active Growth Portfolio.
MM is long and cautiously bullish on XRO
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