Under the Radar Report

Stocks and Beers with Rich: 3 Small Cap Tech Stocks set to Take Off!

20 May 2022
Richard Hemming

Welcome to Stocks and Beers with Rich. This week we hit the ground running, diving into the recent volatility and what Under the Radar has been doing to find successful Small Caps and Blue Chips in the ASX. Here are the toasts:

In This Week's Video:

  • Reckon (ASX:RKN) up 50% after selling part of its business. 60% still remains and investors are sensing value!

  • Infomedia (ASX:IFM) up 30% after a takeover offer from private.

  • OFX Group (ASX:OFX) up 10% Since we tipped it only last month!

  • Rich delves into the 25% sell off in recent weeks of retail giants, Walmart, Amazon and Target. Why it happened and what it means.

  • Why tech stocks and retail are taking the hardest blows.

  • THREE quality small caps with the chance of swinging back. Including a game developer, a med tech and online job marketplace.

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Stocks of the week

Reckon (ASX:RKN)
Infomedia (ASX:IFM)
OFX Group (ASX:OFX)
Wesfarmers (ASX:WES)
Allkem (ASX:AKE)
PlaySide Studios (ASX:PLY)
Airtasker (ASX:ART)
Beamtree Holdings (ASX:BMT)

For this week’s beer we’re catching Tallboy and Moose’s “Terminal Velocity” IPA. Watch the video to see what Rich thinks. If you have any beer or stock recommendations, leave them in the comments and we'll try it out!

Want to see Last Week's Stock News?

Watch Episode 33 Here!

ABOUT THE AUTHOR

Richard Hemming

Richard Hemming (r.hemming@undertheradarreport.com.au) is an independent analyst who edits www.undertheradarreport.com.au, which provides investment opportunities in Small Caps that you won’t get anywhere else.

Under the Radar Report is licensed to give general financial advice only (ASFL: 409518). The author does not own shares in any of the stocks mentioned.

Under the Radar Report is licensed to give general financial advice only (ASFL: 409518). The author does not own shares in any of the stocks mentioned.