Nine ex 100 opportunities - our Research Team has identified a number of small caps we believe to be of value
Nine ex 100 opportunities - our Research Team has identified a number of small caps we believe to be of value. Many offer both yield and growth and are worthy of closer inspection. NextDC (NXT) is Australia's only national, independent data centre operator. With it's five data centres now live and sales continuing to accelerate NXT will be EBITDA positive at the end of the year and the upside around positive operating leverage will become apparent. NXT looks fundamentally undervalued - it's trading at close to replacement value and positive news should help drive the share price higher. Our share price target is A$2.39. For the remainder of our small cap stocks picks and share price targets visit the Morgans blog: (VIEW LINK)
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