Skip to content

Share tip: Profitable Danish tech stock will continue to ride Magnificent 7 wave


Tech stocks remain hot property in the market at the moment, led by the performance of the Magnificent 7 tech giants listed in the US. But other tech companies on European exchanges are also benefiting from the enthusiasm of investors.

While many of these companies will look expensive by conventional measures, it is a given at the moment that investors will be prepared to pay more for a solid tech stock than for good companies in many other sectors.

This week we are adding a tech company to our short-term trading portfolio. I remain confident it can continue to achieve the sort of share price growth in the next six months as it has done since the start of the year, given its shift to profitability and its dominant position in the market.

Want the full story? Access all of The Armchair Trader's content for just £5.99 per month.

Get weekly investment ideas and tips that will take your investing to the next level. Sign up here.

Free 28 day trial. Cancel anytime.

Log In or Sign Up to Armchair Trader+

Already a member? Log in here:

Not a member yet? Sign up for your free trial or check out the benefits of membership.

Further content of this article is not available as it is for members only. Please visit the registration page for Armchair Trader Plus+ for further details on the benefits of becoming a member.

Looking for great investing ideas? Sign up to our free newsletter.

Join us on WhatsApp

This article does not constitute investment advice. Make sure you do your own research or consult a professional advisor.

'How to' Guides

Our latest in-depth company reports

Detailed reviews of selected companies and investment trusts.

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

CME Group
FP Markets

Back To Top