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Sectors & IndustriesTechnology
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
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
RMBS
RAMBUS INC
$56.521,304,77613.29%57.6359.1859.7763.3860.5542.0723.2115.8124.3312.25-1.45-1.04-0.411.25
LOGI
LOGITECH INTERNATIONAL SA
$79.41232,896-33.39%80.6284.4887.3988.8280.4134.7114.288.8527.7715.81-2.93-2.24-0.690.92
YMM
FULL TRUCK ALLIANCE CO LTD
$8.3310,400,701-32.49%7.857.687.156.936.9670.6783.7474.1973.1052.280.250.220.031.41
AGYS
AGILYSYS INC
$83.8697,939-36.80%82.5882.8280.6082.0477.8357.5465.4853.0966.7744.150.750.690.061.03
RDVT
RED VIOLET INC
$17.0124,575-62.09%17.9318.8318.3818.8119.5531.684.155.560.160.05-0.37-0.10-0.271.09
HLIT
HARMONIC INC
$9.431,499,422-6.39%10.0411.4012.4412.1711.6219.872.792.590.440.44-0.90-0.71-0.190.98
PRFT
PERFICIENT INC
$45.09446,93847.02%46.3450.0358.2462.6763.2928.3715.8613.0744.0035.55-3.97-3.86-0.111.32
EXLS
EXLSERVICE HOLDINGS INC
$29.57543,163-7.18%29.6630.1830.6630.6629.5844.0245.7440.3944.8435.43-0.41-0.37-0.041.07
FSLR
FIRST SOLAR INC
$177.482,081,7025.59%177.72175.72162.35159.17165.0257.7354.8453.1917.1712.354.725.43-0.720.98
ACLS
AXCELIS TECHNOLOGIES INC
$98.68478,1111.32%100.90104.46109.29118.60140.0738.4524.8515.8636.8122.05-3.82-3.24-0.571.71
DV
DOUBLEVERIFY HOLDINGS INC
$30.791,157,296-38.59%30.6932.0634.2535.8133.8339.7722.6112.6846.3824.91-1.14-1.07-0.071.44
DLO
DLOCAL LTD
$14.42614,919-3.60%15.1915.5016.1016.6317.2035.1213.0111.405.082.79-0.43-0.29-0.141.94
YALA
YALLA GROUP LTD
$4.71204,246-4.69%4.684.764.905.265.2845.2540.7426.7562.9837.99-0.08-0.08-0.001.41
GCT
GIGACLOUD TECHNOLOGY INC
$35.912,261,896-40.24%34.9633.3333.3626.5018.2754.8272.8772.8584.9982.661.210.810.400.62
OLED
UNIVERSAL DISPLAY CORP
$156.44192,015-25.03%155.48160.34166.77173.33163.8442.9527.9719.0442.8925.48-3.81-3.41-0.391.36
ODD
ODDITY TECH LTD
$31.97610,101-2.25%0.140.130.110.12N/A29.9768.6689.0548.8275.600.010.01-0.001.81
EPAM
EPAM SYSTEMS INC
$245.00794,018-4.96%251.33260.87282.96285.28265.0926.699.518.2010.737.41-10.75-10.00-0.751.40
ELTK
ELTEK LTD
$11.108,229-70.75%10.5610.6011.9913.8711.6350.2274.6375.1982.1781.94-0.31-0.530.210.53
MSFT
MICROSOFT CORP
$409.0614,382,044-4.00%411.09416.85414.41400.19368.7244.8330.0818.4730.1816.22-3.07-0.96-2.111.18
ANET
ARISTA NETWORKS INC
$254.772,550,52717.87%260.77277.11278.63262.24225.4438.3816.5210.4415.937.35-9.58-5.41-4.171.19
CSCO
CISCO SYSTEMS INC
$48.3514,310,023-7.86%48.3248.7649.0049.5651.4045.5822.4921.2941.1940.92-0.32-0.28-0.030.93
ARRY
ARRAY TECHNOLOGIES INC
$12.235,418,006-3.32%11.9913.2013.3214.3417.1444.0928.1419.8841.2428.07-0.54-0.39-0.161.83
ADI
ANALOG DEVICES INC
$196.506,464,03557.92%190.55193.37192.67192.37185.6354.7938.5721.9140.2521.36-1.07-0.78-0.291.26
G
GENPACT LTD
$31.761,541,02969.42%31.2231.7133.3134.1435.0646.0263.5155.0498.9192.08-0.52-0.660.140.99
TER
TERADYNE INC
$100.702,261,32224.46%102.12105.81104.96103.65101.6343.4423.5213.9430.0117.27-1.99-0.97-1.021.47
QCOM
QUALCOMM INC
$163.636,088,578-6.59%165.34168.49165.07153.63134.9246.2227.3818.8525.2014.47-1.220.29-1.511.32
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
$67.524,251,53151.72%68.1869.9673.9874.5171.4129.7120.8918.7864.2150.19-1.88-1.83-0.041.08
ON
ON SEMICONDUCTOR CORP
$65.5312,686,06492.48%64.3667.7673.7675.5882.3742.6225.5414.6840.8616.27-3.33-3.06-0.271.76
CSIQ
CANADIAN SOLAR INC
$14.961,331,632-35.54%15.2116.9419.1021.1124.0533.2815.2611.7228.3718.55-1.33-1.22-0.111.30
UMC
UNITED MICROELECTRONICS CORP
$7.7013,572,64267.08%7.697.907.937.967.6243.9725.0915.4033.1118.10-0.13-0.08-0.050.95
HKD
AMTD DIGITAL INC
$3.36581,670330.83%3.183.183.503.834.6553.4926.6720.0071.5859.40-0.09-0.130.030.12
LYTS
LSI INDUSTRIES INC
$14.5996,99711.58%14.4014.7214.5314.1514.1950.2542.2539.9652.8849.13-0.06-0.02-0.030.88
SIMO
SILICON MOTION TECHNOLOGY CORP
$73.73124,830-9.62%73.8476.7673.7567.9562.0245.7611.858.2410.916.01-0.490.37-0.850.84
GRMN
GARMIN LTD
$142.79612,328-21.45%142.07144.62141.15132.84120.1949.2230.5120.5431.5218.78-0.310.42-0.730.93
PLAB
PHOTRONICS INC
$27.51278,457-31.52%26.8827.6328.5728.6425.2848.9641.9225.4454.1628.68-0.61-0.55-0.051.36
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
$61.54829,834-39.94%60.9061.9862.7861.4058.2146.9843.0936.7172.4660.00-0.56-0.51-0.051.08
PAYS
PAYSIGN INC
$4.50169,411-27.43%4.334.273.573.132.5862.6863.6857.8533.5825.300.250.27-0.021.28
AUDC
AUDIOCODES LTD
$10.4518,158-36.78%10.8011.7012.6712.3311.1827.8611.118.5722.7816.66-0.67-0.56-0.110.98
MPTI
M-TRON INDUSTRIES INC
$27.4952,60342.82%26.4827.4134.5034.6027.6543.8440.5128.0978.5852.34-2.58-2.810.230.91
RELL
RICHARDSON ELECTRONICS LTD
$10.08141,22244.18%10.139.689.1010.4411.2557.5761.3264.6424.1332.970.320.280.050.59
TSEM
TOWER SEMICONDUCTOR LTD
$31.73281,590-48.74%31.6932.4832.5530.9929.8246.1727.7121.7029.5522.21-0.26-0.11-0.140.95
PANW
PALO ALTO NETWORKS INC
$293.822,786,841-30.77%281.53278.35292.39305.26273.7158.3191.6581.94100.0095.95-0.91-4.023.111.00
DOX
AMDOCS LTD
$86.74454,15415.10%85.8787.3489.7989.4287.8842.5739.4131.3095.5880.89-1.21-1.310.090.72
DAVA
ENDAVA PLC
$30.00381,491-53.94%30.3732.8441.9457.4555.8423.527.596.2362.9837.93-3.39-3.850.461.12
ITRN
ITURAN LOCATION & CONTROL LTD
$25.9436,157-32.82%25.7526.7226.8026.5227.0441.8226.4916.3646.3926.18-0.49-0.35-0.150.64
JKS
JINKOSOLAR HOLDING CO LTD
$23.17956,89829.59%22.5023.5125.1528.0030.8646.3834.4323.4844.2323.44-0.85-0.890.031.41
ACMR
ACM RESEARCH INC
$28.151,172,344-28.27%27.7328.9727.4822.9119.4450.0229.9018.9832.1617.56-0.280.16-0.441.68
MRAM
EVERSPIN TECHNOLOGIES INC
$7.4629,942-38.23%7.497.678.118.439.0239.5018.5112.6731.1116.28-0.21-0.20-0.011.18
IMXI
INTERNATIONAL MONEY EXPRESS INC
$22.15203,08547.30%21.6122.0721.3421.2520.1456.7637.4222.6351.4730.210.040.10-0.060.81
CRUS
CIRRUS LOGIC INC
$86.29420,5228.84%85.7788.7590.0785.6780.4945.0629.8719.8636.4321.98-1.62-1.07-0.551.28
CDW
CDW CORP
$240.69447,618-5.94%239.94246.85246.81235.23219.5042.2719.7212.5430.8517.94-2.85-1.68-1.171.16
ZI
ZOOMINFO TECHNOLOGIES INC
$15.891,825,358-24.26%15.6915.7516.2616.3417.1250.9261.4255.2378.2772.19-0.09-0.140.041.63
IBEX
IBEX LTD
$13.3116,651-23.68%13.5013.9914.7616.3817.0936.6227.4224.5669.7462.73-0.52-0.51-0.010.67
LSCC
LATTICE SEMICONDUCTOR CORP
$71.582,772,30465.30%71.2973.8275.6470.7275.4546.0924.8812.6730.9313.17-2.01-1.27-0.741.57
KLIC
KULICKE & SOFFA INDUSTRIES INC
$46.73420,35736.26%46.7047.9148.5750.3550.1244.6331.4421.6240.0222.57-0.84-0.65-0.191.43
FORM
FORMFACTOR INC
$41.72231,820-37.49%42.8144.4143.4441.6537.9942.3112.216.7914.386.92-0.66-0.08-0.581.48
TASK
TASKUS INC
$11.36175,94224.99%11.1011.2411.9312.2611.4148.7939.2438.1967.1664.64-0.23-0.280.052.14
PAGS
PAGSEGURO DIGITAL LTD
$11.693,375,620-4.24%11.9612.8313.2512.7110.8030.0315.7912.1333.3822.30-0.54-0.40-0.141.72
FTV
FORTIVE CORP
$76.056,373,760283.68%80.5582.5784.0878.9076.2222.3622.0114.8426.5221.19-1.48-0.88-0.601.01
ADSK
AUTODESK INC
$215.002,574,67571.67%222.80236.32249.24245.42227.3227.1723.1421.5341.7136.31-10.71-8.45-2.251.35
KEYS
KEYSIGHT TECHNOLOGIES INC
$146.601,417,2151.38%150.02153.26153.07153.09145.9638.3910.746.5411.285.70-2.10-0.94-1.161.08
CIEN
CIENA CORP
$45.041,278,312-28.34%44.7946.5751.2349.8946.9537.0724.0614.7376.5945.46-1.90-1.940.041.08
SCSC
SCANSOURCE INC
$42.87393,50565.32%41.3541.9042.2840.2935.4955.5166.0352.7780.2273.39-0.00-0.230.221.18
FFIV
F5 INC
$182.35486,16421.60%182.73186.82187.61182.97170.0843.4219.4211.9424.5014.16-2.40-1.42-0.990.93
FTNT
FORTINET INC
$65.453,798,9497.83%64.9966.9268.2464.3462.7044.6620.1612.6527.2513.86-1.13-0.87-0.261.24
AEHR
AEHR TEST SYSTEMS
$11.14818,89229.58%11.1311.4914.1017.8128.8938.8222.4813.9056.5130.57-0.93-1.020.091.34
AMSWA
AMERICAN SOFTWARE INC
$10.37148,131-8.78%10.7811.1011.1511.0811.0533.903.385.580.921.57-0.22-0.11-0.110.92
CRCT
CRICUT INC
$5.31465,427-21.87%5.155.004.975.627.5261.4375.3778.4592.9593.270.080.030.040.91
NVEC
NVE CORP
$80.3810,8065.90%81.1483.7683.4080.2179.5942.3227.8320.1426.8013.59-1.28-0.62-0.661.00
TAIT
TAITRON COMPONENTS INC
$3.186,751126.77%3.153.183.203.263.4650.6041.6726.8592.9661.97-0.01-0.020.000.47
FI
FISERV INC
$152.252,487,215-53.36%149.85153.57151.90144.25132.4950.5245.5232.5056.9639.44-0.65-0.36-0.291.05
DSWL
DESWELL INDUSTRIES INC
$2.314,512-49.88%2.292.262.232.392.4256.1481.8274.7539.0641.170.010.010.000.14
HPE
HEWLETT PACKARD ENTERPRISE CO
$16.9310,842,66919.03%17.1217.5316.9116.5716.6642.8410.958.707.523.87-0.090.06-0.151.10
ZM
ZOOM VIDEO COMMUNICATIONS INC
$61.653,042,682-21.16%60.4962.2064.6466.7966.9144.5235.7722.7977.8555.39-1.44-1.480.050.66
ASGN
ASGN INC
$102.11405,83841.12%97.2298.7999.2896.2789.0560.8382.3364.41100.0087.35-0.22-0.690.471.30
NOW
SERVICENOW INC
$746.291,560,14547.76%741.16754.78762.19744.42663.1047.4532.0620.2941.1122.75-8.84-6.21-2.631.31
ALGM
ALLEGRO MICROSYSTEMS INC
$28.772,125,77575.11%26.9526.7928.6228.5631.9058.1254.9637.7468.4856.87-0.29-0.500.211.64
SWKS
SKYWORKS SOLUTIONS INC
$101.121,903,614-0.12%99.59102.84104.06104.97102.7747.1731.4118.9448.7128.01-1.78-1.45-0.331.44
KARO
KAROOOOO LTD
$31.2521,0390.10%27.2426.4525.7825.2924.3877.8285.2691.1197.0494.080.770.430.340.57
SPSC
SPS COMMERCE INC
$171.12188,371-2.62%166.95172.74180.02182.75177.9346.0346.0435.3284.6764.49-3.80-4.070.271.11
SPNS
SAPIENS INTERNATIONAL CORP N V
$31.12126,14096.76%30.6731.2530.6429.0728.3952.5117.6011.7933.0218.74-0.040.08-0.121.01
KSPI
JOINT STOCK CO KASPIKZ
$116.20273,913-19.26%10.4310.5710.45N/AN/A48.6323.1414.9037.0623.30-0.010.00-0.010.85
AVGO
BROADCOM INC
$1,256.821,959,949-9.77%1,284.311,309.451,303.001,211.571,045.3844.4022.8514.3225.8414.89-16.32-4.05-12.281.33
BELFA
BEL FUSE INC
$71.079,99920.02%69.8670.4068.6566.2858.3357.6965.1652.7467.3340.440.370.47-0.100.76
SANM
SANMINA CORP
$61.66333,094-21.50%58.9359.7161.0756.9155.3658.5660.5235.1687.1856.16-0.32-0.580.261.14
SMCI
SUPER MICRO COMPUTER INC
$754.726,622,932-19.44%853.06913.69949.32668.86473.4137.2119.8015.2616.8113.15-49.43-23.15-26.281.35
WNS
WNS (HOLDINGS) LTD
$46.86572,33463.80%48.0748.7753.5858.6161.4737.3042.8342.4367.6164.75-1.77-1.970.190.93
GDYN
GRID DYNAMICS HOLDINGS INC
$10.24246,53929.97%10.5011.2012.3012.7212.0729.7712.8412.8323.0020.58-0.60-0.55-0.051.14
HPQ
HP INC
$28.1014,306,438137.59%28.0128.8529.2629.4029.2741.1013.069.2420.0112.88-0.53-0.42-0.111.15
AMAT
APPLIED MATERIALS INC
$196.064,502,6457.69%199.87203.75202.36181.38162.1744.1521.9713.7817.578.03-2.26-0.10-2.161.60
DDOG
DATADOG INC
$127.073,250,861-36.18%125.53124.68125.64124.22110.7154.2951.3237.7542.6129.650.10-0.000.101.31
BMI
BADGER METER INC
$183.14258,18614.53%167.33162.77159.53155.03153.5972.4193.9793.1594.8096.176.082.813.271.06
SHLS
SHOALS TECHNOLOGIES GROUP INC
$8.492,835,165-10.23%8.619.7011.9913.2316.2328.1513.3210.3531.3322.17-1.06-1.04-0.011.76
IBM
INTERNATIONAL BUSINESS MACHINES CORP
$184.106,852,99115.73%182.75186.06188.14178.70161.4345.2425.7217.4840.2327.27-1.89-1.53-0.360.81
TTD
TRADE DESK INC
$83.796,435,95899.54%81.8184.2282.8276.5877.3652.6139.9823.7736.4918.90-0.590.04-0.631.78
ITRI
ITRON INC
$94.42370,111-21.88%91.5891.2688.6280.7973.1263.0577.6261.0884.0955.371.191.060.121.31
NVMI
NOVA LTD
$166.57936,428446.19%168.93173.28172.61155.01134.3344.1930.3922.0935.4921.56-2.03-0.58-1.441.25
HIMX
HIMAX TECHNOLOGIES INC
$4.96359,576-21.05%5.055.225.415.655.8836.9515.3210.8822.1412.79-0.16-0.13-0.031.18
AMD
ADVANCED MICRO DEVICES INC
$151.7442,959,936-5.04%156.60165.65178.17164.37136.5535.2916.9711.3637.9722.20-8.29-6.85-1.451.57
ANSS
ANSYS INC
$328.57217,73624.32%328.09336.35336.41331.63318.2941.7820.2813.7232.0718.04-4.07-2.64-1.431.28

Tech Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
65-0.16%+1.00%-5.90%-18.24%13.70x2.68x+70.30%+9.40%+17.74%+22.10%Buy
38-0.16%-11.09%-18.06%+136.55%37.64x13.22x-28.22%+9.32%+17.72%+26.87%Buy
18+0.93%+1.20%-2.75%-5.87%24.38x20.68x+149.62%+28.21%+53.05%+24.35%Buy
44+0.17%+1.74%-3.54%+11.34%26.27x3.46x+21.08%+9.45%+14.40%+15.17%Buy
10+0.09%+2.55%+1.74%+34.71%13.15x1.35x+12.28%+3.94%+12.67%+3.01%Hold
66-0.30%+1.38%-4.36%+13.93%23.84x4.61x+25.69%+7.95%+16.31%+16.49%Buy
33-3.11%+0.31%-5.40%-3.23%-7.16x3.04x+9.31%+6.26%+9.11%+15.35%Buy
29+0.33%-1.60%-7.75%+46.16%38.03x11.16x+51.38%+18.23%+30.91%+15.04%Buy
69+1.34%-0.81%-7.49%+28.57%56.95x7.50x+51.01%+29.33%+33.07%+19.79%Strong Buy
251-0.71%+2.34%-8.27%+24.00%103.08x6.53x+6.71%+4.32%+6.95%+17.27%Buy
138+0.20%+2.33%-4.40%+14.35%77.60x11.80x-38.89%+15.31%+24.52%+19.59%Buy
23-1.69%-1.26%-2.53%-55.96%30.97x2.45x+11.64%+7.34%+11.13%+39.27%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. Rambus (NASDAQ:RMBS)


Rambus (NASDAQ:RMBS) is the top tech stock with a Zen Score of 70, which is 40 points higher than the tech sector average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Rambus has seen its stock return 16.25% over the past year, underperforming other tech stocks by -3 percentage points.

Rambus has an average 1 year price target of $85.00, an upside of 50.39% from Rambus's current stock price of $56.52.

Rambus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Rambus, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Logitech International Sa (NASDAQ:LOGI)


Logitech International Sa (NASDAQ:LOGI) is the second best tech stock with a Zen Score of 69, which is 39 points higher than the tech sector average of 30. It passed 25 out of 38 due diligence checks and has strong fundamentals. Logitech International Sa has seen its stock return 38.37% over the past year, overperforming other tech stocks by 19 percentage points.

Logitech International Sa has an average 1 year price target of $96.17, an upside of 21.1% from Logitech International Sa's current stock price of $79.41.

Logitech International Sa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Logitech International Sa, 50% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a Hold, while 0% have issued a Sell rating, and 16.67% have issued a Strong Sell.

3. Agilysys (NASDAQ:AGYS)


Agilysys (NASDAQ:AGYS) is the third 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. Agilysys has seen its stock return 0.55% over the past year, underperforming other tech stocks by -18 percentage points.

Agilysys has an average 1 year price target of $100.00, an upside of 19.25% from Agilysys's current stock price of $83.86.

Agilysys stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Agilysys, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 4.48%. 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 160.77%, which is 156 percentage points higher than the tech sector average of 4.48%. 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 132.7%, which is 128 percentage points higher than the tech sector average of 4.48%.

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 down?

Tech stocks were down -0.16% in the last day, and up 0.65% over the last week. Isun was the among the top losers in the technology sector, dropping -36.91% yesterday.

iSun shares are trading lower after the company announced a reverse stock split.

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 75 points higher than the tech sector average of 25. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -21.68% in the past year. It has underperformed other stocks in the tech sector by -41 percentage points.

2. Eltek (NASDAQ:ELTK)


Eltek (NASDAQ:ELTK) is the second most undervalued tech stock based on WallStreetZen's Valuation Score. Eltek has a valuation score of 100, which is 75 points higher than the tech sector average of 25. It passed 7 out of 7 valuation due diligence checks.

Eltek's stock has gained 181.73% in the past year. It has overperformed other stocks in the tech sector by 163 percentage points.

3. Himax Technologies (NASDAQ:HIMX)


Himax Technologies (NASDAQ:HIMX) is the third most undervalued tech stock based on WallStreetZen's Valuation Score. Himax Technologies has a valuation score of 100, which is 75 points higher than the tech sector average of 25. It passed 7 out of 7 valuation due diligence checks.

Himax Technologies's stock has dropped -26.52% in the past year. It has underperformed other stocks in the tech sector by -45 percentage points.

Are tech stocks a good buy now?

40.18% of tech stocks rated by analysts are a buy right now. On average, analysts expect tech stocks to rise by 18.25% 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 57.88x.
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.