In my recent interview with Ausbiz, I compared the prospects of Macquarie Technology (ASX:MAQ) and Tesla (NASDAQ:TSLA). I highlighted Macquarie Technology’s promising future in cloud computing and AI, predicting its share price could potentially rise. Conversely, I expressed skepticism about Tesla’s valuation, pointing out its overvaluation compared to traditional car manufacturers like Toyota (NYSE:TM), which I believe have more growth potential as they transition to electric vehicles. You can watch the full interview here: Ausbiz – Roger’s top megatrend compounding return stock

The Montgomery Small Companies Fund owns shares in Macquarie Technology. This blog was prepared 29 March 2024 with the information we have today, and our view may change. It does not constitute formal advice or professional investment advice. If you wish to trade Macquarie Technology, you should seek financial advice.