Is Ashtead Technology a good buy?

One of the YouTube channels I follow is that of the Geordie Pig Investor. He used to be very strongly into UK Dividend paying companies, but has since seen the light and has started to strengthen his portfolio with USA and global accumulating ETFs.

In normal times, I would buy mainly World ETFs and US Tech ETFs, but I think the USA is heading for a money-printing phase next year and weakening dollar. The Trump effect has made me cautious.

So I have been looking for a good UK company like RR to invest in and Geordie Pig's pick of Ashtead Technology seems like a bargain to me, especially as it has just gone ex-dividend this month and so its low price should rise again before the next 6-monthly dividend payout in early Jan 2026. His video is below. The shares should be moving out of the AIM market on October 6th and although this will be priced in, it may see greater upwards movement when it hits the London market.

I have bought LON:AT £1000 today at a price of £3.57 but I don't expect to see much of a gain until next year. However, I will keep an eye on its progress and I may double-up on it if it starts to show momentum.

It goes against my hard-learnt policy of not buying AIM shares, but it hopefully will be moving to LSE soon and as such may be included as a valid company in many FTSE ETFs.

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