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Best Tech Stocks to Buy Now (2024)
Top tech stocks in 2024 ranked by overall Zen Score. See the best tech stocks to buy now, according to analyst forecasts for the technology sector.

Sector: Technology
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
BASE
COUCHBASE INC
United States
$1.25B49,262,70738.81%61.19%Net SellingNet Selling
SMRT
SMARTRENT INC
United States
$481.13M203,868,88559.07%40.93%Net SellingNet Buying
PATH
UIPATH INC
United States
$11.07B569,012,25737.80%62.20%Net SellingNet Selling
FEBO
FENBO HOLDINGS LTD
Hong Kong
N/A11,000,0000.01%0.00%
FTCI
FTC SOLAR INC
United States
$53.89M125,613,64426.07%69.21%Net SellingNet Buying
ENFN
ENFUSION INC
United States
$1.21B128,069,91241.35%57.12%Net SellingNet Buying
AVDX
AVIDXCHANGE HOLDINGS INC
United States
$2.44B204,324,27975.61%24.39%Net SellingNet Selling
DQ
DAQO NEW ENERGY CORP
China
$1.86B391,023,3278.36%0.00%
SITM
SITIME CORP
United States
$2.01B22,692,16577.45%22.55%Net SellingNet Selling
HEAR
TURTLE BEACH CORP
United States
$248.94M17,605,44429.19%70.81%Net SellingNet Selling
FSLY
FASTLY INC
United States
$1.74B134,199,99959.16%40.84%Net SellingNet Selling
MGIC
MAGIC SOFTWARE ENTERPRISES LTD
Israel
$571.51M49,099,00019.32%0.00%
AI
C3AI INC
United States
$2.79B122,048,79144.05%26.81%Net SellingNet Selling
TEAM
ATLASSIAN CORP
United States
$46.71B260,298,15353.10%0.63%Net SellingNet Selling
NSIT
INSIGHT ENTERPRISES INC
United States
$5.96B32,590,16265.64%34.36%Net SellingNet Selling
OLO
OLO INC
United States
$809.48M161,896,31376.80%3.93%Net SellingNet Selling
FORTY
FORMULA SYSTEMS (1985) LTD
Israel
$1.14B15,302,5175.53%0.00%
IMOS
CHIPMOS TECHNOLOGIES INC
Taiwan
$1.03B727,240,1260.37%0.00%
DELL
DELL TECHNOLOGIES INC
United States
$89.27B713,790,33526.93%10.63%Net SellingNet Selling
PWFL
POWERFLEET INC
United States
$168.57M37,212,30446.42%53.58%Net Selling
III
INFORMATION SERVICES GROUP INC
United States
$166.76M48,335,22030.64%69.36%Net BuyingNet Buying
DOCN
DIGITALOCEAN HOLDINGS INC
United States
$3.04B90,796,69536.45%63.55%Net BuyingNet Selling
AMKR
AMKOR TECHNOLOGY INC
United States
$7.53B245,892,0196.30%93.70%Net SellingNet Selling
ZS
ZSCALER INC
United States
$26.53B149,857,97645.64%44.26%Net SellingNet Selling
WIX
WIXCOM LTD
Israel
$6.91B57,172,59582.39%0.00%
SLAB
SILICON LABORATORIES INC
United States
$3.90B31,924,41682.16%17.84%Net Selling
AVPT
AVEPOINT INC
United States
$1.50B184,010,83244.47%51.96%Net SellingNet Selling
FATH
FATHOM DIGITAL MANUFACTURING CORP
United States
$35.24M6,977,2451.06%98.94%Net SellingNet Selling
GILT
GILAT SATELLITE NETWORKS LTD
United States
$293.06M57,016,08631.59%0.00%
TDC
TERADATA CORP
United States
$3.67B97,400,00090.21%5.24%Net SellingNet Selling
DSP
VIANT TECHNOLOGY INC
United States
$523.36M62,828,7918.17%91.83%Net SellingNet Selling
PALT
PALTALK INC
United States
$34.58M9,222,1571.65%98.35%Net SellingNet Selling
RDDT
REDDIT INC
United States
N/A158,983,5720.00%2.71%Net SellingNet Selling
ULY
URGENTLY INC
United States
$21.87M13,414,18527.70%15.66%Net BuyingNet Selling
ADTN
ADTRAN HOLDINGS INC
United States
$348.64M78,698,99974.75%25.25%Net Selling
INLX
INTELLINETICS INC
United States
$30.19M4,113,6210.29%99.71%Net BuyingNet Buying
WNS
WNS (HOLDINGS) LTD
India
$1.84B45,684,145100.00%0.00%
CRM
SALESFORCE INC
United States
$266.06B970,000,00080.42%5.32%Net SellingNet Selling
FROG
JFROG LTD
United States
$4.46B106,306,27364.02%25.10%Net SellingNet Selling
LDOS
LEIDOS HOLDINGS INC
United States
$17.70B135,779,30175.64%5.24%Net BuyingNet Selling
BLZE
BACKBLAZE INC
United States
$383.57M41,200,00025.96%26.87%Net SellingNet Selling
DAIO
DATA I/O CORP
United States
$28.33M9,023,20027.24%72.76%Net Buying
DJCO
DAILY JOURNAL CORP
United States
$477.55M1,377,02640.35%59.65%
FEIM
FREQUENCY ELECTRONICS INC
United States
$92.22M9,487,34248.27%51.73%Net BuyingNet Buying
INDI
INDIE SEMICONDUCTOR INC
United States
$1.03B183,219,26867.72%13.30%Net SellingNet Selling
KVYO
KLAVIYO INC
United States
$6.17B261,234,52928.57%2.34%Net SellingNet Selling
MLGO
MICROALGO INC
United States
$12.49M5,160,6711.48%98.52%
NN
NEXTNAV INC
United States
$1.05B111,189,98339.87%58.81%Net BuyingNet Buying
KTCC
KEY TRONIC CORP
United States
$46.17M10,761,87140.69%8.87%
MDB
MONGODB INC
United States
$27.95B72,831,10888.27%11.59%Net SellingNet Selling
PTC
PTC INC
United States
$21.64B119,552,40579.27%20.73%Net SellingNet Selling
PDFS
PDF SOLUTIONS INC
United States
$1.20B38,581,81973.04%19.10%Net SellingNet Selling
NET
CLOUDFLARE INC
United States
$29.72B337,659,24573.82%16.13%Net SellingNet Selling
PCOR
PROCORE TECHNOLOGIES INC
United States
$10.16B144,917,42734.64%65.36%Net SellingNet Selling
VISL
VISLINK TECHNOLOGIES INC
United States
$9.72M2,448,4821.10%98.90%Net Selling
SGMA
SIGMATRON INTERNATIONAL INC
United States
$25.29M6,094,28814.12%11.69%Net Buying
RMNI
RIMINI STREET INC
United States
$251.68M89,884,00066.02%28.67%Net SellingNet Selling
ASUR
ASURE SOFTWARE INC
United States
$185.60M25,530,08252.45%47.55%Net Buying
TACT
TRANSACT TECHNOLOGIES INC
United States
$48.83M9,964,67453.86%45.85%Net Selling
MYSZ
MY SIZE INC
Israel
$2.35M636,4585.50%94.50%Net Selling
KOSS
KOSS CORP
United States
$22.21M9,254,7954.41%95.59%
DOCU
DOCUSIGN INC
United States
$11.75B205,415,12963.58%36.42%Net SellingNet Selling
AAOI
APPLIED OPTOELECTRONICS INC
United States
$416.62M38,398,08561.45%8.92%Net SellingNet Buying
GPRO
GOPRO INC
United States
$259.32M149,896,91852.85%19.45%Net SellingNet Selling
SNX
TD SYNNEX CORP
United States
$10.29B87,658,43841.51%58.49%Net SellingNet Selling
GTLB
GITLAB INC
United States
$8.78B158,400,00056.41%35.88%Net SellingNet Selling
FICO
FAIR ISAAC CORP
United States
$27.45B24,710,93880.59%19.41%Net SellingNet Selling
LSAK
LESAKA TECHNOLOGIES INC
South Africa
$263.27M62,385,66210.77%89.23%Net Buying
CNXN
PC CONNECTION INC
United States
$1.68B26,361,13322.48%77.52%Net SellingNet Selling
ROG
ROGERS CORP
United States
$2.26B18,656,60795.22%4.78%Net SellingNet Selling
NRDY
NERDY INC
United States
$479.45M173,714,81639.03%53.33%Net BuyingNet Buying
GRRR
GORILLA TECHNOLOGY GROUP INC
Cayman Islands
$35.87M7,173,79912.77%14.78%
AMPG
AMPLITECH GROUP INC
United States
$22.25M9,717,11310.94%30.29%Net Buying
ALOT
ASTRONOVA INC
United States
$135.50M7,743,14015.58%84.42%Net SellingNet Selling
INFN
INFINERA CORP
United States
$1.18B231,422,39085.61%14.39%Net SellingNet Selling
CALX
CALIX INC
United States
$1.86B65,525,04977.50%22.50%Net BuyingNet Buying
KN
KNOWLES CORP
United States
$1.44B89,629,86596.69%3.10%Net BuyingNet Selling
CYBR
CYBERARK SOFTWARE LTD
Israel
$10.25B42,255,33691.75%0.00%
QH
QUHUO LTD
China
$3.39M61,676,2130.02%0.00%
BL
BLACKLINE INC
United States
$3.74B61,520,10856.51%43.49%Net SellingNet Selling
API
AGORA INC
China
$232.35M368,808,7036.54%0.00%
EXFY
EXPENSIFY INC
United States
$138.89M85,206,27339.07%14.60%Net SellingNet Selling
AIP
ARTERIS INC
United States
$253.59M37,849,68516.08%83.92%Net SellingNet Selling
SNOW
SNOWFLAKE INC
United States
$52.85B334,200,00060.12%39.88%Net SellingNet Selling
CLRO
CLEARONE INC
United States
$21.91M23,969,1485.14%67.86%Net Buying
SPRU
SPRUCE POWER HOLDING CORP
United States
$79.96M18,297,59610.99%89.01%Net SellingNet Selling
INTJ
INTELLIGENT GROUP LTD
Hong Kong
$14.74M11,250,0000.00%0.00%
MAXN
MAXEON SOLAR TECHNOLOGIES LTD
Singapore
$110.31M52,780,05249.00%0.00%
EBON
EBANG INTERNATIONAL HOLDINGS INC
China
$51.37M6,543,9380.87%0.00%
OSS
ONE STOP SYSTEMS INC
United States
$58.79M20,700,43527.20%68.57%Net SellingNet Buying
VHC
VIRNETX HOLDING CORP
United States
$20.10M3,681,9702.32%97.68%Net BuyingNet Selling
FOUR
SHIFT4 PAYMENTS INC
United States
$5.09B86,191,71468.55%3.85%Net SellingNet Selling
SWVL
SWVL HOLDINGS CORP
United Arab Emirates
$73.72M6,782,0000.26%0.00%
KVHI
KVH INDUSTRIES INC
United States
$93.91M19,645,94654.25%45.75%Net SellingNet Selling
SPWR
SUNPOWER CORP
United States
$348.97M175,361,08810.62%89.38%Net BuyingNet Buying
USIO
USIO INC
United States
$38.86M26,342,4596.45%93.55%Net BuyingNet Buying
QUIK
QUICKLOGIC CORP
United States
$206.03M14,377,28925.61%7.64%Net SellingNet Selling
CNDT
CONDUENT INC
United States
$642.52M209,974,90462.31%37.69%Net BuyingNet Buying
ONDS
ONDAS HOLDINGS INC
United States
$52.15M65,599,99913.26%36.80%Net BuyingNet Buying
GEN
GEN DIGITAL INC
United States
$13.14B636,909,96581.25%15.33%Net BuyingNet Buying

Tech Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
65+0.31%+6.01%-1.36%-12.46%11.59x2.68x+70.29%+9.31%+17.58%+19.99%Buy
38+4.31%+12.35%-11.23%+159.22%38.37x13.83x-27.35%+9.81%+18.41%+18.07%Buy
18-0.40%+1.90%-3.07%-5.43%24.48x20.71x+149.67%+28.22%+53.07%+24.37%Buy
44+1.18%+4.26%-1.56%+17.15%25.95x3.53x+21.21%+9.66%+15.16%+15.35%Buy
10+0.10%+2.48%+0.38%+38.33%13.08x1.36x+12.28%+3.94%+12.67%+3.08%Hold
66+0.06%+0.75%-5.13%+15.50%23.55x4.51x+25.53%+7.94%+16.36%+17.16%Buy
33+1.03%+1.91%-3.61%+3.43%-7.72x3.09x+9.11%+6.17%+9.01%+10.94%Buy
29+2.84%+8.44%-2.58%+58.51%39.68x11.61x+50.74%+18.11%+30.50%+10.70%Buy
69+3.12%+11.44%-1.24%+41.38%59.70x7.96x+52.19%+30.05%+33.79%+13.53%Buy
252+0.47%+3.25%-8.89%+28.13%91.33x6.53x+7.71%+4.52%+7.12%+19.86%Buy
138+1.21%+3.76%-4.42%+18.44%77.56x11.33x-37.66%+15.05%+24.39%+19.81%Buy
23+2.96%+3.82%+0.53%-48.93%31.93x2.50x+11.78%+7.31%+11.13%+37.25%Buy

Tech Stocks FAQ

What are the best tech stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best technology stocks to buy right now are:

1. Logitech International Sa (NASDAQ:LOGI)


Logitech International Sa (NASDAQ:LOGI) is the top tech stock with a Zen Score of 72, which is 42 points higher than the tech sector average of 30. It passed 26 out of 38 due diligence checks and has strong fundamentals. Logitech International Sa has seen its stock return 40.81% over the past year, overperforming other tech stocks by 15 percentage points.

Logitech International Sa has an average 1 year price target of $96.40, an upside of 21.63% from Logitech International Sa's current stock price of $79.26.

Logitech International Sa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Logitech International Sa, 40% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a Hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. Full Truck Alliance Co (NYSE:YMM)


Full Truck Alliance Co (NYSE:YMM) is the second best tech stock with a Zen Score of 68, which is 38 points higher than the tech sector average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Full Truck Alliance Co has seen its stock return 39.43% over the past year, overperforming other tech stocks by 14 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -31.58% from Full Truck Alliance Co's current stock price of $8.77.

Full Truck Alliance Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Full Truck Alliance Co, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Perficient (NASDAQ:PRFT)


Perficient (NASDAQ:PRFT) is the third best tech stock with a Zen Score of 67, which is 37 points higher than the tech sector average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Perficient has seen its stock lose -30.86% over the past year, underperforming other tech stocks by -56 percentage points.

Perficient has an average 1 year price target of $70.20, an upside of 63.29% from Perficient's current stock price of $42.99.

Perficient stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Perficient, 0% have issued a Strong Buy rating, 40% have issued a Buy, 60% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the tech stocks with highest dividends?

Out of 122 tech stocks that have issued dividends in the past year, the 3 tech stocks with the highest dividend yields are:

1. Virnetx Holding (NYSE:VHC)


Virnetx Holding (NYSE:VHC) has an annual dividend yield of N/A, which is N/A percentage points lower than the tech sector average of 4.54%. Virnetx Holding's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Virnetx Holding's dividend has shown consistent growth over the last 10 years.

Virnetx Holding's dividend payout ratio of -256.7% indicates that its dividend yield might not be sustainable for the long-term.

2. Clearone (NASDAQ:CLRO)


Clearone (NASDAQ:CLRO) has an annual dividend yield of 164.11%, which is 160 percentage points higher than the tech sector average of 4.54%. Clearone's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Clearone's dividend has shown consistent growth over the last 10 years.

Clearone's dividend payout ratio of -5,000% indicates that its high dividend yield might not be sustainable for the long-term.

3. Wisekey International Holding Sa (NASDAQ:WKEY)


Wisekey International Holding Sa (NASDAQ:WKEY) has an annual dividend yield of 136.59%, which is 132 percentage points higher than the tech sector average of 4.54%.

Wisekey International Holding Sa's dividend payout ratio of -36.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are tech stocks up?

Tech stocks were up 1.36% in the last day, and up 5.1% over the last week. Astera Labs was the among the top gainers in the technology sector, gaining 18.73% yesterday.

Shares of semiconductor and chip stocks are trading higher following strong earnings from Microsoft, which could be lifting AI optimism.

What are the most undervalued tech stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued tech stocks right now are:

1. Axcelis Technologies (NASDAQ:ACLS)


Axcelis Technologies (NASDAQ:ACLS) is the most undervalued tech stock based on WallStreetZen's Valuation Score. Axcelis Technologies has a valuation score of 100, which is 76 points higher than the tech sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -12.67% in the past year. It has underperformed other stocks in the tech sector by -38 percentage points.

2. Himax Technologies (NASDAQ:HIMX)


Himax Technologies (NASDAQ:HIMX) is the second most undervalued tech stock based on WallStreetZen's Valuation Score. Himax Technologies has a valuation score of 100, which is 76 points higher than the tech sector average of 24. It passed 7 out of 7 valuation due diligence checks.

Himax Technologies's stock has dropped -23.05% in the past year. It has underperformed other stocks in the tech sector by -49 percentage points.

3. International Money Express (NASDAQ:IMXI)


International Money Express (NASDAQ:IMXI) is the third most undervalued tech stock based on WallStreetZen's Valuation Score. International Money Express has a valuation score of 100, which is 76 points higher than the tech sector average of 24. It passed 7 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -15.1% in the past year. It has underperformed other stocks in the tech sector by -41 percentage points.

Are tech stocks a good buy now?

39.89% of tech stocks rated by analysts are a buy right now. On average, analysts expect tech stocks to rise by 17.21% over the next year.

What is the average p/e ratio of the technology sector?

The average P/E ratio of the technology sector is 57.16x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.