Ausbiz – Macquarie Technology (MAQ) a stock to watch

In my recent interview with Ausbiz, I discussed the current favourable conditions for investing in smaller companies. Small caps have seen a commendable increase of about 4% this year, driven by a combination of disinflation and positive economic growth. This represents a pivotal shift in market dynamics, moving from fears of recession to a more optimistic view of a soft landing, which in turn boosts the attractiveness of innovative growth companies in the small-cap sector.

I also shared my enthusiasm for the Macquarie Technology (ASX:MAQ). This company is set to gain considerably from the increasing enterprise-level migration to the cloud, a trend that promises to amplify cloud traffic and storage needs, enhanced further by the announcement of a new data centre expansion. You can watch the full interview here: Ausbiz – Macquarie Technology (MAQ) a stock to watch

The Montgomery Small Companies Fund owns shares in Macquarie TechnologyThis blog was prepared 22 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. 


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