2 exciting ASX tech shares to buy

Some of the most exciting businesses on the ASX are tech shares. They could be worth thinking about for your portfolio.

Due to the fact that many technology businesses offer an intangible product, it can mean that their gross profit margins may be very high and growth can be quicker.

Technology businesses are attracting a lot of investor intention and these two ideas could be ones to look out for:

Xero is one of the world’s largest cloud accounting software providers. Over the last decade it has taken the approach of heavily re-investing profit and cashflow back into the business to generate more long-term growth.

Over the last five years, Xero has been one of the best performing S&P/ASX 200 Index (ASX: XJO) shares. The ASX tech…