NXL News: Return Trends At Nuix (ASX:NXL) Aren't Appealing - 25th Jun 2022, 6:28am

[annb0t]

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So, when we ran our eye over Nuix's (ASX:NXL) trend of ROCE, we liked what we saw.

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