BUY HOLD SELL - NXT
Why look at Next DC?
Few stocks have divided opinion as much as NXT over the past few years.
For the believers, it’s a tech growth company with almost unlimited potential, a well-defined pathway, high barriers to entry and unique offering.
To the non-believers it is an overpriced, quasi infrastructure play, with ever-increasing competition and a platform which can be easily replicated.
Where do we stand? Keep reading to find out.
What do they do?
For the uninitiated, NXT are engaged in the development and operation of independent data centres in Australia.
Recent investments in its data centre network have put NXT in a strong position to take advantage of the industry-wide tailwinds of cloud migration...Continue Reading