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Highlights
- Tech stocks are generally considered a good long-term bet.
- Plexure Group announces the completion of its acquisition of Task Retail Pty Limited, an Australia-based company.
- Enprise Group to hold its Annual Meeting towards the last week of this month.
Often, technology stocks are the prime indicator of the advancement of the economy and the country’s stock market. They have the potential to provide impressive gains in the long run. Hence, one should consider setting aside a portion of their investment portfolio for these tech stocks.
That said, let us quickly look at some of the most sought-after tech stocks from the NZX.
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Plexure Group Limited (NZX:PX1)
Functioning as a mobile engagement firm, Plexure Group Limited has recently announced the settlement of the acquisition of TASK, i.e., Task Retail Pty Limited.
Related Read: Plexure (NZX:PX1) finalises TASK Deal and name its new TASK clients
With this takeover, PX1’s client base would broaden and would get benefitted from the combined synergies of the two companies.
Which are 2 well-known technology stocks listed on NZX?
Moreover, the said acquisition would lead Plexure Group to the next phase of growth.
At the time of writing, Plexure Group fell by 7.07% at NZ$0.460 on 12 November.
Serko Limited (NZX:SKO; ASX:SKO)
Serko Limited is one of the technology companies that focuses on travel and expense management. On 24 November, it will release its six-month results ended 30 September 2021.
It would be followed by a management discussion on the same.
Shares of Serko were up by 0.77% at NZ$7.890 on 12 November, at the time of writing.
Related Read: How is Serko (NZX:SKO) weathering the pandemic storm?
Bottom Line
Technology stocks are one of the promising stocks to invest in. Considering one’s risk appetite, one can surely invest in this sector.