Buy Hold Sell: 2 big buys (and why fundies are split on tech’s next steps)
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After a stellar decade for the dazzling technology sector, these long-duration stocks have fallen back down to earth, taking many an investor's portfolio down with them (this anonymous writer's portfolio included!).
The local tech index is well and truly in a bear market, having sunken nearly 30% since the beginning of the year. The NASDAQ 100 has suffered a similar fate, also falling 30% over the same time period.
But with many stocks down as much as 90% since the start of 2022, is tech now the fertile hunting ground both Growth and Value investors are searching for?
For the last of our sector specials of Buy Hold Sell, it's a Value versus Growth face-off - with Livewire's Ally Selby joined by Investors Mutual's Lucas Goode and Market Matters' James Gerrish for their outlook on the tech sector.
They also analyse three tech darlings - Altium, Megaport and Tyro Payments - and each name their top tech picks for the year ahead.
Note: This episode was filmed on Wednesday 28th September 2022. You can read an edited transcript below: