The potential for $5 -$10 in the next couple of years is laid bare. The macro of a soft landing with interest rates retreating in a year or less will, and is lifting growth stocks. Innovation is exponential and AI is complicit. Nuix are building AI.
The court cases are headwinds and tailwinds at the same time. The headwind risk is reduced because the company is growing and profitable. But the tailwind is huge if thrown out of court. 10 - 30% lifts on news.
Look at their web site and follow them on LinkedIn. Their staff are on fire for the CEO and mission. They are hiring.
They are making strategic buys to enhance their goals.
The spend on lawyers will come back to profit.
They have a moat in Australia.
The CEO said they are more like Palantir than anyone else.
Nuix was always an exciting stock. I have asked Bill Ackman to buy in
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