Business
This is the latest speculative ASX tech buy from Citigroup
If you are on the hunt for the next shooting star in the small-cap tech sector, Citigroup may have just the trick for you.
Appetite for such stocks is strong after Brainchip Holdings Ltd (ASX: BRN) share price, Pointerra Ltd (ASX:3DP) share price and Tesserent Ltd (ASX: TNT) shot out the lights in 2020.
These stocks gained more than 700% over the past 12 months when the S&P/ASX 200 Index (Index:^AXJO) is standing at breakeven at best.
Big rewards and risks for this ASX small cap tech stock
If you want big rewards, you have to be prepared to stomach big risks. On that front, Citigroup reckons the Control Bionics Ltd (ASX: CBL) could be worth a punt.
The broker just initiated coverage on the CBL share price and slapped a…
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