100% agree Kyriaco. Go past a bus stop or lookmin any cafe and see how many people are looking at their phones/ipads using data. But particularly in the enterprise/B2B sector. Majority of business strategy (regardless of industry) now involves digital and data analytics being front and centre rather than a sub part . Data is the new oil as they say. Yet traditional valuation principles and market (human behaviour) respond by punishing these stocks if the fed opens its mouth etc. I think this will start to change over the coming years with the compute power and data storage needed for enhanced analytics, AI/machine learning and IoT. Ie, the beta of data centre stocks more closely represent the overall market and they are viewed as more steady and proven income earners.
NXT Price at posting:
$6.28 Sentiment: Buy Disclosure: Held
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