Xero Limited (XRO)
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Xero Limited (XRO)
Not ground Xero
High PE global tech stocks are currently vulnerable to sentiment shifts if earnings metrics are even mildly astray.
Information Technology
Xero Limited (XRO)
3m subscribers can't be wrong
On-going investment in product development keeps a lid on free cash flow, but Xero’s fundamental operating metrics are all in good shape. Market expectations on earnings growth place a high bar on performance so that small misses attract outsized disappointment.