About this episode

The episode discusses the recovery of five ASX tech stocks after a significant downturn, exploring whether this marks a genuine turnaround or a temporary relief rally.

The great ASX tech unwind has been brutal. After years of premium valuations, strong growth and near-bulletproof market faith, some of Australia’s best-known software and technology stocks have been dragged back to earth. The trigger? A mix of stretched multiples, slowing growth, investor fatigue and, increasingly, the disruptive threat of artificial intelligence. The five names in this episode – Life360 (ASX: 360), Pro Medicus (ASX: PME ), Xero (ASX: XRO), TechnologyOne (ASX: TNE) and WiseTech Global (ASX: WTC) – fell an average of around 65% from their highs to their lows. More recently, however, they have recovered an average of around 30%, with one stock now just 26% off its all-time high. So, is this the beginning of a genuine turnaround? Or just a relief rally in a sector still facing uncomfortable questions? In this special episode of Buy Hold Sell, Matthew Kidman returns as host for the first time in three years, alongside two familiar faces: Jun Bei Liu from Ten Cap and James Gerrish from Market Partners. Together, they run the ruler over five ASX tech leaders caught in the ‘SaaS-pocalypse’, and each names one beaten-up tech-related stock they believe is down, but not…

People in this episode

Host: Matthew Kidman

Guests: Jun Bei Liu, James Gerrish

Topics covered

• ASX tech stocks
• SaaS-pocalypse
• market recovery
• investor sentiment
• artificial intelligence

Keywords

• ASX
• tech stocks
• market recovery
• SaaS
• investing
• artificial intelligence
• valuation
• growth

Mentioned in this episode

Organizations: Life360, Pro Medicus, Xero, TechnologyOne, WiseTech Global

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