ASX Growth Shares
2 great ASX tech shares I’d pounce on in April 2023
ASX tech shares have the potential to deliver strong returns in my opinion. I’m going to talk about two exciting candidates in this article.
April 5, 2023
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
ASX tech shares have the potential to deliver strong returns in my opinion. I’m going to talk about two exciting candidates in this article.
The Magellan Financial Group Ltd (ASX:MFG) share price has down 7% after the fund manager saw a massive outflow of funds.
The SEEK Limited (ASX:SEK) share price is down more than 3% after the employment website business downgraded its FY23 expectations.
Exchange-traded funds (ETFs) can be a really good investment and useful way to invest in a wide group of businesses.
The Coles Group Ltd (ASX:COL) share price is in focus after the supermarket business announced it was spending $105 million on two milk processing facilities.
The EML Payments Ltd (ASX: EML) share price has gone bananas on Friday after announcing a Central Bank of Ireland (CBI) update.
The Rio Tinto Limited (ASX:RIO) share price is under the spotlight after announcing that the Peru La Granja copper project is progressing.
The Telstra Group Ltd (ASX:TLS) share price has gone up again, hitting a level not seen since 2017. Can the telco keep rising?
The Zip Co Ltd (ASX:ZIP) share price is up around 10% after it announced deals to divest some of its businesses.
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