Here are 3 buy and hold tech shares I would snap up today

While the United States may be home to many of the most exciting technology companies in the world, Australia is certainly no slouch.

I believe we have a number of companies with the potential to become a force in the global technology sector. So much so I feel they could be worth considering as buy and hold investments today:

Although the Aconex Ltd (ASX: ACX) share price has risen 48% in the last three months, I think the software-as-a-service company could still be worth taking a close look at today. Considering management estimates that its cloud collaboration software can accelerate the pace of product delivery to help build five hospitals for the price of four, it’s no surprise to see it grow in popularity. I expect demand for its software will increase strongly over the next few years, allowing the company to achieve its sales growth target of 20% per annum.

With the Altium Limited (ASX: ALU) share price around 15% off its 52-week high, I think now could be a great time to snap up the shares of this printed circuit board (PCB) design software provider. Research firm Gartner estimates that there will be 20.8 billion connected devices in use worldwide by 2020, up from an estimated 6.4 billion in 2016. As PCBs are required in the majority of these connected devices, I expect demand for its software will continue to rise at a solid rate.

While the Appen Ltd (ASX: APX) share price has gained around 37% in the last 12 months, at 25x trailing earnings I still think its shares are good value for those that are willing to be patient and make a buy and hold investment. Especially with management expecting earnings growth in excess of 20% this year thanks to strong demand for its voice recognition and language data services.

As well as Aconex, Altium, and Appen, I think these exciting growth shares could also be great investment options today.

Top 3 ASX Blue Chips To Buy In 2017

For many, blue chip stocks means stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool's in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool's Top 3 Blue Chip Stocks for 2017."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

If you're expecting to see the likes of Commonwealth Bank, Telstra and Wesfarmers shares on this list, you'll be sorely disappointed. Not only are their dividends growing at a snail's pace, their profits are under pressure too due to the increasing competitive environment.

The contrast to these "new breed" blue chips couldn't be greater... especially the very real prospect of significant share price gains, something that's looking less likely from the usual blue chip suspects.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand - and how quickly the share prices of these companies moves - we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor James Mickleboro has no position in any stocks mentioned. The Motley Fool Australia owns shares of ACONEX FPO, Altium, and 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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