Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi Market Matters Can I have your current view on SXE - Southern Cross and NXT-Next DC. I know your preference is GMG - Goodman for Data Center exposure. Have they run up to far already? At what price would the risk reward be to accumulate these 2 stocks? regards Debra
Hi Debra,
We touched on AI and Data Centres in Fridays “What Matters Today Report“. We selected GMG over NXT to play the theme but it was a close run call as has been their performance, year-to-date GMG is up +40% and NXT +35%.
Southern Cross Electrical (SXE) surged higher in May following the release of profit guidance for FY 2025. The services company revealed that it anticipates FY 2025 EBITDA of at least $48 million. The companies delivering and the shares are following suit:
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