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!
No time to do stock research, but you still want to invest?
Stocks Down Under Concierge gives you timely BUY and SELL alerts on ASX-listed stocks!
GET A 3-MONTH FREE TRIAL TO CONCIERGE TODAY
No credit card needed and the trial expires automatically.
Blog Categories
Get Our Top 5 ASX Stocks for FY25
Recent Posts
Medigrowth delivers on its 2023 capital raising
It’s been a great couple of years for the Melbourne-based medicinal cannabis company Medigrowth Australia Pty Ltd. Back in mid-2023,…
The saga continues: 4 WiseTech directors quit en masse due to disagreements with Richard White
4 WiseTech directors quit en masse this morning, and that was just the start of the bad news facing the…
Want to know how to read stock charts well? Here’s your ultimate 2025 guide to Technical Analysis
Many investors will know technical analysis has become an increasingly important part of stock analysis, but they may not know…