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Investors look for opportunities in the technology sector

Your Money
Written By:
Your Money
Posted:
Updated:
25/11/2013

Investors’ appetite for technology stocks is on the rise as recent high profile floats put the sector back in the limelight.

Following microblogging site Twitter’s recent floatation on the New York Stock Exchange, the latest research from Barclays Stockbroker revealed its clients’ appetite for investing in technology stocks.

The Barclays Stockbrokers poll, which ran between 11th November and 25th November 2013, asked investors for their current view of the technology sector.

The results showed nearly three quarters are interested in the technology sector for investment opportunities.

A third said that technology stocks are already part of their portfolio and 13% who have either recently invested, or increased their holdings in the sector.

Alastair Thaw of Barclays Stockbrokers said: “The appetite of clients currently either investing in or considering investment in the technology sector is strong. As technology companies continue to launch new smartphone and tablet devices, those investing in the sector will no doubt be monitoring it closely to identify interesting opportunities.”