XTX.TO Up 5+% today to $10.12. Seeing buying interest after its earnings 10 days ago when it was trading in the 8's. I had expected the stock to decline slightly after earnings but it has remained strong.
It doesn't matter if your energy of choice is solar, wind, flywheels, fuel cells or any other flavor, you still need the gizmos that Xantrex makes to convert the raw electrical energy you get from renewables to usable power.
Stock has a market cap of ~ $300 million. Revenues over the next 4 quarters are expected to be greater than $300 million. The company is positioned well in the right space at the right time.
I own shares of XTX.TO.
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