By James Mickleboro
Publication Date: 2025-12-16 03:44:00
Image source: Getty Images
Now could be a good time to buy Praemium Ltd (ASX: PPS) shares according to a top broker.
In fact, if this ASX AI share is on track with its recommendation, it could deliver above-average returns over the next 12 months.
What does the broker say?
Bell Potter points out that the investment platform provider is betting on artificial intelligence (AI) with the announcement of the acquisition of Technotia Laboratories for $7.5 million.
The broker commented on the deal as follows:
We view the acquisition of Technotia Laboratories as accretive and strategic – it requires small incremental EBIT post-synergies and AI-driven product development creates potential upside to the trading factor – should demand materialize.
Technotia is a company of multidisciplinary scientists who apply an evidence-based approach to testing ideas using computational machinery and intelligence. PPS had originally worked with Technotia to expand its retirement offering in 2H24…
