“The question I keep getting is: Can Megaport go higher?” Peter said.

“My gut feeling says ‘yes’.

“Along with Xero and probably NEXT DC, Megaport is seen as one of our top tech companies.

“I suspect as the market rises over the next 12 months, MP1 will get a tailwind.

“It will also benefit from the ignored tech stocks in the US, which will go higher on falling interest rates.

“But don’t just listen to me,” Peter said. “Here are the views of the analysts surveyed by FNArena.

“After a big rise in recent weeks, the consensus rise for the year ahead is around 3%.

“Down below here is a table showing the mixed views of six analysts.

“A few weeks ago, they all liked MP1 and told you so, but after the 45% rise in six months, some supporters think the company has done enough.

“However, Ord Minnett sees a 30% rise ahead, and UBS goes for a target price 25% higher.

“And the five-year chart shows what’s possible given this was once a $21 stock.

“I like the company and its intellectual property.

“I reckon it’s still worth a ‘punt’, but there could be pullbacks, which could make me buy again,” Peter said.