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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

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	$56.08	1,289,590	-27.76%	56.34	57.68	59.81	62.74	60.35	45.54	22.59	21.38	28.18	29.80	-1.39	-1.21	-0.18	1.26
YMM	FULL TRUCK ALLIANCE CO LTD	$8.87	5,256,291	-57.09%	8.52	8.13	7.47	7.04	7.01	71.71	83.28	79.40	67.03	67.76	0.39	0.33	0.06	1.42
LOGI	LOGITECH INTERNATIONAL SA	$82.09	443,534	-42.61%	79.53	81.36	86.37	88.29	81.01	48.33	69.56	46.90	85.75	66.51	-1.92	-2.37	0.45	0.92
RDVT	RED VIOLET INC	$17.63	27,269	-17.88%	17.12	17.90	18.24	18.59	19.40	46.16	37.12	23.84	76.61	43.28	-0.41	-0.39	-0.03	1.09
PRFT	PERFICIENT INC	$48.11	674,799	-17.00%	45.63	47.06	54.95	61.40	61.67	46.16	74.23	59.47	97.30	94.18	-2.36	-3.27	0.91	1.31
AGYS	AGILYSYS INC	$79.21	123,976	6.58%	82.86	82.72	80.50	81.77	78.31	37.92	30.95	41.23	19.07	30.39	0.19	0.55	-0.35	1.03
EXLS	EXLSERVICE HOLDINGS INC	$29.65	976,320	-36.42%	29.47	29.65	30.52	30.70	29.50	47.62	42.48	31.46	61.09	40.60	-0.31	-0.37	0.06	1.08
DLO	DLOCAL LTD	$14.25	808,907	21.65%	14.31	15.06	15.80	16.43	17.21	37.76	18.91	15.54	13.73	9.29	-0.51	-0.46	-0.05	1.94
GDYN	GRID DYNAMICS HOLDINGS INC	$10.07	556,407	5.78%	10.03	10.47	11.78	12.53	12.03	35.08	26.51	16.53	68.27	40.49	-0.57	-0.60	0.03	1.14
DV	DOUBLEVERIFY HOLDINGS INC	$30.37	1,357,243	9.68%	30.16	30.85	32.65	35.59	33.47	42.65	36.88	23.34	92.08	76.13	-0.90	-1.02	0.12	1.44
YALA	YALLA GROUP LTD	$4.80	169,357	33.65%	4.73	4.73	4.89	5.16	5.26	51.93	79.14	69.37	94.56	94.16	-0.02	-0.05	0.03	1.40
FSLR	FIRST SOLAR INC	$191.55	2,987,915	-12.49%	179.44	179.34	166.06	161.10	164.43	67.84	69.66	54.83	56.84	31.09	4.40	4.27	0.13	0.98
GCT	GIGACLOUD TECHNOLOGY INC	$37.27	2,935,454	27.58%	35.14	34.35	33.79	28.04	19.20	57.31	46.21	31.03	51.13	25.76	0.64	0.71	-0.07	0.66
EPAM	EPAM SYSTEMS INC	$242.12	341,920	-14.08%	240.44	249.45	274.95	283.68	264.96	35.58	22.25	12.71	66.80	39.16	-10.36	-10.87	0.51	1.40
ELTK	ELTEK LTD	$10.69	36,199	6.69%	10.84	10.59	11.39	13.75	11.68	45.57	61.49	64.82	63.79	71.01	-0.18	-0.27	0.09	0.53
CSIQ	CANADIAN SOLAR INC	$16.79	1,089,505	-6.51%	15.68	15.88	18.18	20.70	23.29	50.91	82.30	74.45	99.32	97.69	-0.58	-0.93	0.35	1.30
ACLS	AXCELIS TECHNOLOGIES INC	$111.45	760,389	-23.91%	102.41	102.95	107.76	117.24	137.32	60.29	77.61	72.05	91.19	88.65	-0.80	-2.23	1.42	1.71
CTSH	COGNIZANT TECHNOLOGY SOLUTIONS CORP	$66.25	7,372,884	-13.71%	66.73	67.91	72.44	74.21	71.34	31.69	16.01	9.09	63.92	39.23	-1.79	-1.85	0.07	1.08
JKS	JINKOSOLAR HOLDING CO LTD	$26.18	588,183	-6.65%	24.08	23.63	24.92	27.47	30.18	62.14	94.23	86.65	100.00	95.61	0.15	-0.33	0.49	1.40
CSCO	CISCO SYSTEMS INC	$47.12	17,227,305	15.82%	47.63	48.11	48.77	49.50	51.26	37.63	11.13	6.59	12.62	4.93	-0.55	-0.43	-0.12	0.93
ADI	ANALOG DEVICES INC	$199.63	2,372,551	-12.30%	196.72	194.86	194.12	193.51	185.77	55.26	65.19	70.11	59.36	65.82	1.34	0.67	0.67	1.27
MSFT	MICROSOFT CORP	$406.66	17,402,077	1.07%	401.40	409.07	413.48	402.07	370.61	48.82	34.50	22.79	67.39	41.40	-4.88	-4.10	-0.78	1.18
IMXI	INTERNATIONAL MONEY EXPRESS INC	$20.15	259,368	-35.17%	20.96	21.35	21.29	21.23	19.96	35.37	3.82	3.53	3.53	1.18	-0.38	-0.17	-0.21	0.81
G	GENPACT LTD	$31.34	993,471	-30.60%	31.17	31.25	32.63	33.90	34.79	46.33	53.49	43.13	84.02	70.51	-0.42	-0.53	0.10	0.99
ODD	ODDITY TECH LTD	$33.60	1,211,750	37.15%	32.70	34.07	39.28	41.26	38.96	40.70	47.41	36.31	99.27	92.98	-1.86	-2.19	0.33	1.74
ZI	ZOOMINFO TECHNOLOGIES INC	$16.12	6,868,680	23.81%	16.07	15.90	16.07	16.43	16.70	51.79	66.89	65.04	81.04	78.25	0.09	0.01	0.08	1.63
SWKS	SKYWORKS SOLUTIONS INC	$92.51	3,562,437	-10.99%	99.28	100.20	103.32	104.92	102.27	37.82	7.71	32.77	6.43	33.14	-2.32	-1.41	-0.91	1.44
CDW	CDW CORP	$219.56	805,655	-36.08%	234.49	239.06	245.50	236.68	221.05	30.34	12.42	25.66	13.68	32.80	-6.01	-3.48	-2.53	1.16
RELL	RICHARDSON ELECTRONICS LTD	$10.76	47,095	-43.63%	10.39	10.13	9.30	10.22	11.07	63.31	83.69	81.98	67.70	54.52	0.37	0.33	0.04	0.60
AMD	ADVANCED MICRO DEVICES INC	$150.60	49,166,136	-0.85%	152.34	157.23	175.33	166.54	137.85	40.48	23.32	29.92	46.23	57.06	-6.76	-6.84	0.08	1.57
LYTS	LSI INDUSTRIES INC	$15.28	104,859	54.25%	14.81	14.65	14.64	14.26	14.28	58.74	71.24	63.55	77.14	68.43	0.09	0.03	0.06	0.88
ANET	ARISTA NETWORKS INC	$274.40	2,858,912	104.73%	259.26	266.46	278.60	265.45	228.75	53.45	61.23	45.58	87.01	69.30	-5.32	-6.60	1.28	1.20
DAVA	ENDAVA PLC	$30.90	303,217	-14.41%	30.11	30.69	36.83	54.93	54.88	38.83	76.73	56.19	97.32	92.59	-2.14	-2.86	0.72	1.11
MPTI	M-TRON INDUSTRIES INC	$27.19	18,691	17.70%	26.78	26.74	32.83	34.13	28.20	45.06	65.13	58.63	91.92	92.22	-1.41	-1.97	0.56	0.87
FFIV	F5 INC	$165.94	626,371	-20.26%	175.20	180.80	186.16	183.11	170.92	26.52	24.27	23.55	11.70	13.52	-5.32	-3.48	-1.84	0.93
DOX	AMDOCS LTD	$83.90	660,336	-40.64%	85.00	85.61	88.98	89.37	87.45	32.79	11.90	9.26	16.67	14.66	-1.42	-1.34	-0.07	0.72
OLED	UNIVERSAL DISPLAY CORP	$170.82	736,271	44.64%	157.73	158.24	163.35	172.26	164.31	61.98	58.71	52.78	70.93	68.32	-1.04	-2.43	1.39	1.36
QCOM	QUALCOMM INC	$179.64	10,035,142	-60.93%	167.30	168.07	167.40	156.36	136.60	63.93	74.53	63.20	85.38	73.70	1.48	0.11	1.37	1.33
CRUS	CIRRUS LOGIC INC	$88.48	325,867	-16.23%	86.81	87.31	89.66	86.38	80.74	51.55	50.10	53.80	61.27	65.30	-0.69	-0.90	0.21	1.28
ARRY	ARRAY TECHNOLOGIES INC	$13.46	4,561,715	-17.88%	12.41	12.55	13.07	14.11	16.88	57.25	75.35	60.82	99.16	89.47	-0.16	-0.33	0.17	1.83
ON	ON SEMICONDUCTOR CORP	$70.37	6,236,586	-3.80%	67.27	66.87	72.40	75.27	81.25	54.02	77.98	79.33	90.56	91.16	-0.65	-1.71	1.06	1.75
SCSC	SCANSOURCE INC	$42.87	194,146	22.12%	42.35	41.60	42.36	40.76	35.93	55.42	48.52	42.74	53.06	47.78	0.10	-0.02	0.12	1.18
SPNS	SAPIENS INTERNATIONAL CORP N V	$30.86	123,575	-65.95%	30.89	30.91	30.88	29.43	28.54	49.87	49.07	52.71	35.19	42.59	-0.03	0.02	-0.05	1.00
PAGS	PAGSEGURO DIGITAL LTD	$12.81	1,834,769	-20.99%	12.27	12.35	13.17	12.85	10.90	53.02	77.83	69.83	92.33	89.58	-0.20	-0.33	0.12	1.72
IBEX	IBEX LTD	$13.59	14,902	-5.53%	13.33	13.52	14.57	16.04	16.83	46.03	41.85	27.33	100.00	91.59	-0.37	-0.45	0.08	0.68
ACMR	ACM RESEARCH INC	$27.00	883,501	-7.08%	26.73	27.64	28.48	23.63	19.90	48.07	33.13	25.59	52.66	36.74	-0.58	-0.38	-0.20	1.68
GRMN	GARMIN LTD	$165.97	972,542	-28.40%	149.72	146.74	144.96	134.86	121.80	82.18	97.01	88.04	100.00	96.84	4.15	1.60	2.55	0.92
TASK	TASKUS INC	$12.08	204,166	42.09%	11.55	11.39	11.85	12.21	11.39	58.36	88.54	80.35	100.00	96.09	0.04	-0.10	0.14	2.13
UMC	UNITED MICROELECTRONICS CORP	$8.15	9,963,141	39.73%	7.74	7.81	7.93	7.96	7.62	59.69	65.71	50.06	83.25	71.18	-0.04	-0.08	0.04	0.96
KARO	KAROOOOO LTD	$28.40	2,360	-69.72%	28.97	27.80	26.38	25.57	24.56	55.10	47.69	51.50	14.91	22.59	0.85	0.83	0.02	0.57
SSNC	SS&C TECHNOLOGIES HOLDINGS INC	$61.81	778,547	1.87%	61.47	61.37	62.54	61.73	58.23	50.34	53.30	55.05	83.69	85.77	-0.25	-0.37	0.12	1.08
PLAB	PHOTRONICS INC	$28.78	350,352	13.02%	27.60	27.51	28.15	29.14	25.34	55.78	77.53	72.20	79.92	73.80	-0.08	-0.29	0.22	1.37
PAYS	PAYSIGN INC	$4.73	174,602	-7.56%	4.53	4.41	3.78	3.29	2.66	64.05	90.31	87.93	75.92	73.19	0.24	0.24	-0.01	1.28
TSEM	TOWER SEMICONDUCTOR LTD	$33.04	232,684	-63.62%	32.33	32.33	32.55	31.32	29.65	56.21	77.70	68.92	82.63	82.12	0.05	-0.06	0.10	0.95
ITRN	ITURAN LOCATION & CONTROL LTD	$25.95	32,558	-33.50%	25.82	26.04	26.79	26.46	27.08	45.44	58.50	51.65	81.87	79.92	-0.32	-0.37	0.05	0.64
ADSK	AUTODESK INC	$215.19	1,185,551	-24.94%	214.99	223.03	243.17	244.90	227.28	35.09	20.45	18.13	72.66	64.15	-9.47	-9.63	0.16	1.34
AMSWA	AMERICAN SOFTWARE INC	$10.13	114,642	-8.68%	10.23	10.72	11.06	11.07	11.03	33.70	8.88	5.18	18.71	9.46	-0.32	-0.27	-0.05	0.92
FTNT	FORTINET INC	$58.88	15,871,481	110.04%	63.72	64.90	67.52	65.12	62.16	30.36	25.27	23.74	48.77	47.46	-1.44	-1.15	-0.29	1.24
CRCT	CRICUT INC	$5.71	627,335	40.87%	5.39	5.23	5.02	5.50	7.25	71.83	85.43	80.25	91.01	81.04	0.15	0.10	0.05	0.92
PANW	PALO ALTO NETWORKS INC	$296.21	3,434,892	12.13%	291.24	284.37	285.94	305.19	275.38	58.30	67.39	63.23	85.49	80.66	2.30	0.27	2.03	1.00
AUDC	AUDIOCODES LTD	$11.05	64,852	18.55%	10.83	11.08	12.33	12.30	11.20	43.07	68.58	57.15	96.84	93.44	-0.40	-0.50	0.10	0.99
AEHR	AEHR TEST SYSTEMS	$11.64	521,459	-13.23%	11.43	11.41	13.31	16.92	27.70	45.32	66.96	70.93	81.62	86.97	-0.39	-0.63	0.24	1.34
IBM	INTERNATIONAL BUSINESS MACHINES CORP	$165.71	3,398,819	-11.09%	171.27	177.86	185.65	179.10	162.56	25.56	7.42	5.35	6.28	2.82	-6.08	-4.52	-1.56	0.81
FI	FISERV INC	$149.22	2,908,442	13.10%	151.99	151.44	152.56	145.71	133.32	43.81	22.85	32.71	44.65	54.45	-0.60	-0.31	-0.29	1.05
EEFT	EURONET WORLDWIDE INC	$110.24	285,376	-39.22%	105.18	104.85	107.30	104.10	94.25	62.06	49.81	41.28	94.68	81.40	-0.14	-0.78	0.64	1.22
DSWL	DESWELL INDUSTRIES INC	$2.37	1,675	-78.04%	2.32	2.30	2.25	2.37	2.41	60.22	61.23	52.80	83.15	64.68	0.03	0.02	0.01	0.14
TAIT	TAITRON COMPONENTS INC	$3.14	2,817	5.98%	3.16	3.16	3.19	3.24	3.43	43.92	31.85	35.25	43.16	52.27	-0.01	-0.01	0.00	0.47
ZM	ZOOM VIDEO COMMUNICATIONS INC	$61.82	3,036,309	16.06%	61.65	61.39	64.54	66.21	66.58	47.46	64.79	62.66	81.32	79.24	-0.61	-0.96	0.35	0.66
ENPH	ENPHASE ENERGY INC	$114.20	5,969,149	42.76%	109.90	112.26	116.18	116.97	117.44	51.79	48.42	41.66	46.82	37.46	-1.93	-2.02	0.09	1.61
GIB	CGI INC	$103.68	162,909	-8.55%	103.09	103.94	109.95	109.39	105.01	44.42	44.48	27.97	59.44	36.43	-2.10	-2.22	0.12	0.79
ARW	ARROW ELECTRONICS INC	$124.89	535,067	-34.35%	126.12	125.42	123.44	120.10	122.39	49.83	44.12	55.00	20.98	41.98	0.50	0.81	-0.31	1.09
INFY	INFOSYS LTD	$16.93	4,035,223	-53.53%	16.97	17.20	18.21	18.74	17.95	39.09	51.91	43.75	80.23	72.72	-0.37	-0.42	0.04	0.86
CIEN	CIENA CORP	$47.77	1,098,257	23.13%	46.09	45.85	49.97	49.94	47.09	53.91	87.80	82.52	99.56	96.72	-0.63	-1.21	0.58	1.08
AVGO	BROADCOM INC	$1,278.11	2,475,708	-14.36%	1,276.74	1,293.63	1,308.08	1,237.31	1,059.23	48.23	33.65	39.51	42.59	47.02	-9.94	-7.15	-2.79	1.33
LRCX	LAM RESEARCH CORP	$908.53	822,144	16.86%	895.08	918.72	940.45	876.53	767.94	47.98	25.24	25.11	49.00	42.52	-14.16	-12.52	-1.64	1.65
MSI	MOTOROLA SOLUTIONS INC	$353.70	1,150,140	-0.51%	344.42	344.37	342.91	331.35	311.10	60.43	36.90	26.08	34.06	22.97	-0.02	0.15	-0.17	0.92
KEYS	KEYSIGHT TECHNOLOGIES INC	$149.18	576,515	-29.53%	147.34	150.57	152.46	153.67	145.20	47.70	27.47	21.79	64.52	48.30	-1.76	-1.70	-0.06	1.08
SMCI	SUPER MICRO COMPUTER INC	$782.70	5,210,672	-18.77%	791.11	847.47	943.34	707.09	491.50	43.29	25.81	34.72	43.35	53.19	-42.69	-37.52	-5.17	1.35
CPAY	CORPAY INC	$299.29	485,985	29.36%	302.25	301.23	297.96	289.15	270.57	48.26	33.89	42.56	24.27	33.62	0.18	0.89	-0.71	1.14
NTAP	NETAPP INC	$104.64	1,456,626	21.75%	101.21	101.76	101.53	94.64	86.13	60.11	76.70	68.04	85.64	78.51	0.20	0.02	0.18	1.07
ASGN	ASGN INC	$96.15	281,847	-9.07%	98.16	97.25	99.52	96.66	89.64	43.96	26.20	30.27	29.56	32.50	-0.71	-0.55	-0.16	1.29
APPF	APPFOLIO INC	$239.11	202,471	3.97%	227.95	224.21	229.58	212.96	199.32	58.54	55.64	50.48	76.15	71.81	1.73	-0.62	2.35	1.25
BMI	BADGER METER INC	$189.00	185,305	-22.76%	184.75	172.00	163.76	157.53	155.00	73.18	92.92	90.24	81.20	79.32	7.86	6.57	1.28	1.06
TER	TERADYNE INC	$120.44	2,693,504	9.16%	110.75	107.79	107.00	105.28	101.70	65.42	88.73	88.05	87.53	87.12	2.89	1.08	1.81	1.48
DDOG	DATADOG INC	$124.27	3,872,901	45.81%	126.30	125.99	125.10	124.94	111.30	47.73	47.95	52.62	44.73	46.88	0.34	0.42	-0.08	1.31
TEL	TE CONNECTIVITY LTD	$142.00	1,197,846	-30.33%	141.35	142.41	142.43	140.76	134.73	49.98	33.02	31.29	31.12	24.48	-0.57	-0.41	-0.17	1.16
FTV	FORTIVE CORP	$76.08	2,187,404	26.73%	76.92	79.46	82.95	79.40	76.27	31.17	32.52	29.87	51.72	38.49	-2.16	-1.84	-0.31	1.01
HLIT	HARMONIC INC	$10.96	1,865,772	-6.66%	10.04	10.37	11.97	12.14	11.43	50.65	64.78	57.28	98.11	93.91	-0.44	-0.67	0.23	0.97
NOW	SERVICENOW INC	$716.65	1,414,757	34.90%	716.15	735.04	753.62	745.69	667.50	44.44	20.01	13.81	36.07	20.33	-15.92	-12.91	-3.01	1.31
TTD	TRADE DESK INC	$88.59	3,722,434	-9.79%	84.02	83.78	83.57	77.69	77.30	61.74	87.65	78.55	97.74	83.69	0.84	0.23	0.61	1.78
SHLS	SHOALS TECHNOLOGIES GROUP INC	$9.00	3,981,085	16.65%	8.56	8.86	10.99	12.86	15.64	42.63	57.02	39.03	95.33	90.45	-0.68	-0.87	0.18	1.76
UBER	UBER TECHNOLOGIES INC	$69.23	15,516,440	-14.34%	68.68	71.14	75.36	70.53	59.12	41.51	25.81	16.00	64.75	37.91	-2.09	-1.96	-0.13	1.32
ALGM	ALLEGRO MICROSYSTEMS INC	$29.97	702,863	-22.50%	28.91	27.94	28.44	28.75	31.18	60.16	77.86	78.53	69.87	73.09	0.56	0.21	0.35	1.64
BR	BROADRIDGE FINANCIAL SOLUTIONS INC	$198.85	373,162	-13.16%	195.23	196.83	200.21	200.15	190.17	53.30	47.96	28.11	80.96	64.42	-1.43	-1.77	0.34	0.86
AVT	AVNET INC	$49.41	746,076	-6.18%	48.97	48.27	47.85	47.61	47.55	57.05	53.51	54.09	49.55	52.14	0.36	0.29	0.07	1.12
ATEN	A10 NETWORKS INC	$15.15	713,238	-44.67%	13.98	13.57	13.62	13.44	13.42	67.22	81.12	68.47	95.68	78.49	0.33	0.09	0.24	0.95
OSIS	OSI SYSTEMS INC	$135.56	124,018	-7.85%	135.89	136.78	135.63	132.40	125.65	48.89	48.40	42.81	34.36	21.41	-0.67	-0.20	-0.47	0.75
DT	DYNATRACE INC	$45.79	6,945,328	20.05%	46.13	46.12	46.63	50.97	49.83	46.30	48.01	45.55	59.57	57.63	-0.29	-0.36	0.07	1.27
ASML	ASML HOLDING NV	$901.63	960,036	13.40%	889.44	919.18	950.37	878.03	760.44	46.90	19.45	15.91	42.11	33.57	-20.64	-17.86	-2.78	1.40
HIMX	HIMAX TECHNOLOGIES INC	$5.16	586,534	56.34%	5.01	5.10	5.35	5.61	5.79	49.99	58.85	45.44	89.03	81.32	-0.09	-0.12	0.03	1.18

Tech Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Communication Equipment	65	+1.52%	+2.59%	+1.57%	-6.53%	8.06x	2.69x	+51.62%	+8.78%	+15.96%	+19.59%	Buy
Computer Hardware	38	+2.46%	-3.27%	-14.34%	+141.18%	37.10x	13.81x	-26.89%	+10.03%	+18.70%	+22.51%	Buy
Consumer Electronics	18	+3.62%	+6.11%	+3.32%	-1.59%	26.64x	22.26x	+142.55%	+27.98%	+54.07%	+18.51%	Buy
Electronic Components	44	+2.10%	+3.04%	-0.48%	+16.49%	26.77x	3.63x	+20.92%	+9.57%	+15.02%	+12.05%	Buy
Electronics & Computer Distribution	10	+3.31%	-0.47%	-3.28%	+33.84%	13.64x	1.36x	+11.31%	+3.62%	+11.74%	+3.73%	Hold
Information Technology Services	66	+1.21%	+0.09%	-4.72%	+13.99%	27.22x	4.46x	+24.61%	+8.14%	+16.50%	+17.92%	Buy
Scientific & Technical Instruments	33	+0.94%	+3.95%	+0.18%	+5.54%	13.75x	3.18x	+9.40%	+6.52%	+9.39%	+8.77%	Buy
Semiconductor Equipment & Materials	29	+2.76%	-0.33%	-3.90%	+52.60%	36.70x	11.56x	+50.90%	+18.21%	+30.73%	+10.63%	Buy
Semiconductors	69	+1.90%	-0.58%	-2.34%	+40.07%	55.71x	7.96x	+52.52%	+30.30%	+34.13%	+15.70%	Buy
Software - Application	252	+1.73%	-0.49%	-6.00%	+28.29%	90.91x	6.48x	+6.36%	+4.30%	+7.17%	+20.14%	Buy
Software - Infrastructure	138	+0.40%	-1.35%	-4.80%	+21.09%	43.48x	11.30x	-31.73%	+15.14%	+24.48%	+21.66%	Buy
Solar	23	+5.13%	+5.71%	-0.31%	-42.47%	30.90x	2.61x	+12.35%	+7.74%	+11.96%	+31.27%	Buy

Tech Stocks FAQ

What are the best tech stocks to buy right now in May 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 72, which is 43 points higher than the tech sector average of 29. It passed 23 out of 33 due diligence checks and has strong fundamentals. Rambus has seen its stock return 18.94% over the past year, underperforming other tech stocks by -7 percentage points.

Rambus has an average 1 year price target of $85.00, an upside of 51.57% from Rambus's current stock price of $56.08.

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. 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 39 points higher than the tech sector average of 29. It passed 22 out of 33 due diligence checks and has strong fundamentals. Full Truck Alliance Co has seen its stock return 43.99% over the past year, overperforming other tech stocks by 18 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -32.36% from Full Truck Alliance Co's current stock price of $8.87.

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. Logitech International Sa (NASDAQ:LOGI)

Logitech International Sa (NASDAQ:LOGI) is the third best tech stock with a Zen Score of 67, which is 38 points higher than the tech sector average of 29. It passed 24 out of 38 due diligence checks and has strong fundamentals. Logitech International Sa has seen its stock return 30.97% over the past year, overperforming other tech stocks by 5 percentage points.

Logitech International Sa has an average 1 year price target of $93.83, an upside of 14.31% from Logitech International Sa's current stock price of $82.09.

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

What are the tech stocks with highest dividends?

Out of 119 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 4.4%. 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. Wisekey International Holding Sa (NASDAQ:WKEY)

Wisekey International Holding Sa (NASDAQ:WKEY) has an annual dividend yield of 143%, which is 139 percentage points higher than the tech sector average of 4.4%.

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.

3. Clearone (NASDAQ:CLRO)

Clearone (NASDAQ:CLRO) has an annual dividend yield of 142.86%, which is 138 percentage points higher than the tech sector average of 4.4%. 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.

Why are tech stocks up?

Tech stocks were up 1.67% in the last day, and down -0.12% over the last week. Arteris was the among the top gainers in the technology sector, gaining 38.45% yesterday.

Arteris shares are trading higher after the company reported better-than-expected Q1 financial results.

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 77 points higher than the tech sector average of 23. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -9.1% in the past year. It has underperformed other stocks in the tech sector by -35 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 77 points higher than the tech sector average of 23. It passed 7 out of 7 valuation due diligence checks.

Himax Technologies's stock has dropped -21.7% in the past year. It has underperformed other stocks in the tech sector by -47 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 77 points higher than the tech sector average of 23. It passed 7 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -20.79% in the past year. It has underperformed other stocks in the tech sector by -47 percentage points.

Are tech stocks a good buy now?

40.43% of tech stocks rated by analysts are a buy right now. On average, analysts expect tech stocks to rise by 17.83% 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 47.37x.

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.