Skip to Content
scroll

Does MM like Australian technology companies?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

The Latest Q&A

Question asked

Does MM like Australian technology companies?

Hi James, I am new to your service. Enjoy reading your Saturday Discussion. Australian tech stocks are taking a beating lately. I am interested in XRO WTC ALT. Is it good time to buy now or better to wait till March after Fed increases rate? John

Answer

Hi John, welcome aboard. We like quality Australian tech into current weakness,  we recently added to our Altium (ALU) and Xero (XRO) holdings into weakness. The Fed raising rates in March is “old news” you have too look at least 6-months ahead – that’s what financial markets do.

chart
image description
Altium (ALU)
Back to top