Analysts expect this technology company to grow 18.8% annually for the next five years.
MiX Telematics Limited (MIXT)
From Cabot Emerging Markets Investor
MiX Telematics Limited (MIXT) acts great, holding the vast majority of its gains from its post-earnings surge two weeks ago. We think many earnings winners from this cycle will be leaders down the road, and MIXT fills the bill.
While the firm doesn’t offer the fastest growth (10% to 15% top line, 15% to 20% bottom line), we think big investors will be attracted to the relative stability of the business and the solid growth potential. We’re OK buying a half position here or on further dips.
BUY A HALF.
Paul Goodwin, Cabot Emerging Markets Investor, www.cabotwealth.com, 978-745-5532, November 15, 2018