Although there has been something of a downturn in technology company stocks, they are now widely considered a good value investment, but still high risk.
The yield on such stocks has fallen because prices have gone up but dividends have not kept pace, says Ms Louise McGuigan of AIB Investment Managers. Samsung Electronics of Korea, listed in London, would be considered high risk, but its valuation is lower than other technology companies, she says.
Mr Prahmit Ghose of Hibernian Investment Managers says that shares in Hewlett-Packard are currently priced very low, representing "very good value" and a medium risk.
Hewlett-Packard has done well over the past 25 years, but has fallen sharply over the past six months. However, taking a two- to three-year view, Mr Ghose says he wouldn't be surprised if this stock increased by 50 per cent.
Riverdeep is a good highrisk technology play because it's in educational software, an area of expected continuing demand, says Mr Ghose.
In addition, Hibernian's new international stock fund that invests in "our best 20 stock ideas" is already up by 10 per cent since its launch in January.
Aberdeen Global Euro Technology fund is a managed investment fund containing between 60-80 companies. Technology stocks make up 25 per cent of world stock funds. "Just because technology stocks have fallen doesn't stop technological innovation from happening," says Mr Ivan Murphy of Aberdeen Asset Management.
