4 small tech stocks for your portfolio

These small tech stocks are worth keeping on your watchlist, says Michael Taylor

Man using mobile phone on rooftop at night
(Image credit: © Getty images)

Investors’ sentiment has fallen through the floor, and no wonder. With the Budget looming, uncertainty has shot up, and the markets hate uncertainty. Investors are looking at the economic landscape and feeling as though there is no safe haven in sight. They are, therefore, recklessly selling assets in a clumsy manner, affecting many stock prices. Sky News has reported that 140 listed companies have written to Chancellor Rachel Reeves to say that uncertainty over the future of inheritance tax relief on Aim shares “is damaging investor confidence”. I’m surprised it’s only 140.

But it’s not just the looming Budget that has the market spooked. Rachel Reeves’ policies and Labour’s stance on the economy are adding to the concern. For context, Reeves is keen to set herself apart from the Conservatives by signalling that Labour will be the party of sound money. But many in the market are sceptical. Her piece in The Sunday Times was a chance to allay some of those jitters but, instead, she produced an article that talked a lot but said nothing at all. Failing to invite Elon Musk to the much-vaunted investment summit also seems a poor decision – especially when all eyes are on SpaceX’s rocket booster making a successful landing after a test launch.

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Michael Taylor is an ex-trader. For more from him, see shiftingshares.com.