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Most of my portfolio comes from FTSE 100 But I like to step out of my comfort zone and look at small, fast-growing tech stocks. That’s why I’m excited to see a list of top five tech stocks FTSE 250 And AIM By wealth manager Brewin Dolphin, senior investment manager by John Moore.
Moore notes that the UK market is not well-known for high-growth tech companies, but has recently attracted a number of buyers. “Avast It is ready to be integrated with. NortonLifeLock. The private equity firm is weighing the bid. Darkness. Schneider Electric He is watching. have been. at last, Microfocus Bought in Canada Open textHe said.
These UK tech stocks are worth exploring.
Moore picks out five hidden UK tech gems at comparatively cheap prices, which could fill the void. That is what we are told. They’ve been quietly plying their trade for years, creating a buzz that will make them the UK’s next generation of tech stars.
It’s his first choice. Oxford NanoporeDeveloping nanopore array products for electronic analysis of single molecules. The name seems obvious, which is a shame because fund manager Neil Woodford included it in his ill-fated portfolio.
The stock got off to a good start after September 2021, then went into a tech slump this year. It has decreased by 37.83% in six months. This £2.38bn market cap at 11.83 times earnings looks good value. This year’s troubles may present a buying opportunity for bold investors.
GB team It operates in the rapidly growing identification and fraud prevention services market. Moore is a favorite of AIM and small cap managers, incl Liontrust, AegonAnd abrdn. A US private equity firm has reportedly made an offer to the company. The stock rose 31.13% in the week. It might be a little late for this.
AIM-listed Next fifteen communication group It’s a collection of data businesses that work in advertising, software engineering and media buying. Although this year it is aiming to overtake its £310m rival, it offers a growing segment with a market value of £907m. M&C Saatchi The next fifteen were formed when the stock price fell.
Moore has chosen a Belfast-based software, IT and reseller consultancy Prices group. The share price has risen 400% in five years but is down 27% in 12 months. The company, which has a market value of £1.7bn, is on course to deliver pre-tax profits of £62.7m-£66.5m this year.
I’ll start with £1k and build from there.
The final selection is designed by AIM. Cape Technologies, a £959m specialist in the digital security and privacy market. The stock has struggled this year, but it has raised between $110 million and $200 million in buybacks. It trades at 14.34 times earnings.
Naturally, tech growth stocks like these are risky, and I only buy them as a small portion of my portfolio. Thankfully, I have plenty of top stocks thanks to FTSE 100 dividend income holdings.
Of these five, Oxford Nanopore and Cape Technologies catch my eye. I’ll keep an eye on them and start small by investing £1k each, then increase them if all goes well.