The All Ordinaries Index (ASX: XAO) is up 9.5% over a year, but this ASX All Ords tech stock has left those gains wanting.
The fast-rising stock in question is SKS Technologies Group Ltd (ASX: SKS).
If you're not familiar with SKS, the company designs and installs electrical, audiovisual, and communications networking systems into the data centre, government, and corporate sectors.
SKS shares are flat today at time of writing, changing hands for $2.27 apiece. That sees the share price up an impressive 35.9% since this time last year.
And according to the analysts at Wilsons Advisory, the ASX All Ords tech stock is well-placed to keep marching higher into 2026.
"SKS is experiencing strong growth in Work-in-Hand figures, which have been driven by meaningful data-centre driven contract wins," Wilsons noted.
"We see solid short, medium and potentially long-term demand for SKS' expertise as the digital infrastructure thematic not only grows, but grows non-linearly over our forecast period," the broker added.
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Should I buy the ASX All Ords tech stock today?
There are three reasons you may want to buy SKS shares today.
The first is the ASX All Ords tech stock's strong connection to AI-fuelled data centre demand growth.
"What specifically positions SKS well in the short-term is its strong Victoria presence, which at the moment is the key activity hub for data centre demand," Wilsons said.
The broker added that SKS has "strong relationships with a number of leading data centre operators", which it said include the likes of NextDc Ltd (ASX: NXT), Amazon.com, Inc. (NASDAQ: AMZN), and Microsoft Corp (NASDAQ: MSFT).
According to Wilsons:
Migration to the 'Cloud' continues apace, and the non-linear investment in AI sector is an accelerant for Cloud, as Enterprises and Governments alike get 'digitally fit' to be able to participate in the benefits and efficiencies from AI…
Demand for data centre capacity has never been greater. And these enormous capex programs are lifting the entire digital infrastructure ecosystem, globally.
The second reason you may want to add SKS to your ASX portfolio is the company's team.
"Regarding people, SKS's brand positions them uniquely to attract well-credentialed staff," Wilsons said.
And the third reason Wilsons is bullish on this ASX All Ords tech stock is that Australia's enviable geopolitical position bodes well for long-term infrastructure investment
The broker noted:
The bi-partisan support for the Diffusion Act limiting the export of high-performance chips globally saw Australia and NZ listed as 2 of only 5 APAC countries (alongside Japan, South Korea and Taiwan) as being deemed Tier 1 partners of the US.
Australia's Tier 1 status, 'safe' subsea cable network makes Australia an incredibly favourable location for large scale, long term digital infrastructure investment, of which SKS stands to be a genuine beneficiary.
Wilsons has an overweight weighting on SKS shares with a $2.36 12-month price target. That represents a potential upside of 4% from current levels.
