Can you believe Afterpay Ltd (ASX: APT) is the biggest ASX-listed software stock? I can’t…
How about Xero Limited (ASX: XRO) shares edging toward $100 and with a market cap around $13 billion, plus change? That makes more sense to me…
Overseas, innovative software companies like Amazon.com Inc (NASDAQ: AMZN), Microsoft Corp (NASDAQ: MSFT) and Salesforce.com (NASDAQ: CRM) dominate news headlines and markets.
In this video, taken from the Rask Investor Event in Sydney last year, I explain why I love software companies and why Xero was/is right in my sweet spot.
The 10 largest technology stocks on the ASX
Here’s a list of the largest ASX-listed technology stocks.
Note: you can click on the ticker codes to go to the Rask Media pages for those companies.
| Company | Market Cap |
|---|---|
| Afterpay Ltd (ASX: APT) | $19.7 billion |
| Xero Limited (ASX: XRO) | $13.5 billion |
| Computershare Limited (ASX: CPU) | $7.5 billion |
| WiseTech Global Ltd (ASX: WTC) | $7.3 billion |
| Nextdc Ltd (ASX: NXT) | $5.4 billion |
| Appen Ltd (ASX: APX) | $4.6 billion |
| Altium Limited (ASX: ALU) | $4.6 billion |
| TechnologyOne Ltd (ASX: TNE) | $2.7 billion |
| Pushpay Holdings Ltd (ASX: PPH) | $2.2 billion |
| Link Administration Holdings Ltd (ASX: LNK) | $2.2 billion |
Buy, Hold or Sell
In the near future, I’ll cover each of these companies in more detail here on Rask Media. I already own three of them.
For now, though, this is a good starter list for investors to pursue with further research, reading and modelling. If you’re looking for more ideas, including the companies that could be tomorrow’s blue-chip tech stocks, read these articles I wrote recently:
To get daily news on the most promising Australian companies, use your web browser to bookmark our ASX growth shares page.