2 ASX Technology stocks that are set to recover
Marc Kennis, October 14, 2022
When the market bottoms, which ASX Technology stocks should you buy?
Our own Stuart Roberts spoke to Ausbiz about what is happening with ASX Technology stocks and when the bear market will end.
He says the tide is out for most tech companies on the ASX and that for the first time in a long time we’re starting to see tech companies trading like value plays.
Stuart says Xero (ASX: XRO) is an example of an undervalued big tech stock due to market size and market share.
He says Whispir (WSP) is a good example of an undervalued small tech company that shows potential for quality growth.
Stuart says that the Nasdaq Composite is down about 35% since late November and that the bear market is probably coming to an end now that inflation is moderating.
Check out the full interview below!
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