3 tech shares at all-time highs: Can they climb higher?

The Appen Ltd (ASX:APX) share price is one of three that just hit an all-time high. Are there more gains ahead?

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Despite the banks dragging the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) down to a 0.8% decline yesterday, a number of shares managed to defy the market and climb higher.

Three tech shares even managed to race to all-time highs. Have they peaked or can they still climb higher?

The Appen Ltd (ASX: APX) share price reached an all-time high of $3.87 yesterday. Investors have been fighting to get hold of the data solutions and services company's shares since it upgraded its full-year guidance. It's not hard to see why either, with management expecting its annual EBITDA growth to between 40% and 50%. While it is certainly not a bargain buy anymore, I still feel it has significant long-term growth potential that makes it a great buy and hold investment.

The Big Un Ltd (ASX: BIG) share price rocketed to an all-time high of 88 cents on Tuesday. Incredibly, this extended the video technology company's year-to-date gain to over 280%. The strong demand for its subscription-based video technology products and services has been the catalyst for the gain. In FY 2017 the company expects to report a 399% increase in cash receipts to $20.3 million. I've been very impressed with what I've seen from Big Un and believe there could still be more left in the tank.

The LiveHire Ltd (ASX: LVH) share price rose 8% to an all-time high of 62 cents yesterday. Earlier this week the talent technology company announced its second major new healthcare client in as many months. Queensland Health is the latest in a long list of companies now using its software platform which creates a pool of pre-qualified job candidates to access when they need to recruit. I still feel LiveHire could be a good buy and hold investment despite the strong rally in its shares this year.

Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia owns shares of Appen Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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