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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
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
NUKK
NUKKLEUS INC
$0.90120,303-4.47%0.870.880.901.166.1250.8568.7563.6671.7873.33-0.01-0.020.01-0.14
MKSI
MKS INSTRUMENTS INC
$128.25459,900-55.97%125.82121.42123.56117.95101.5356.2085.6576.5969.3561.401.700.720.981.65
CSLR
COMPLETE SOLARIA INC
$1.26754,1113.40%0.800.680.610.951.3771.2587.8068.9194.1775.700.110.050.060.23
RTC
BAIJIAYUN GROUP LTD
$1.1440,00645.37%1.261.311.121.462.5145.3216.7719.786.433.360.010.05-0.040.07
EGIO
EDGIO INC
$10.4359,268-52.86%9.639.9610.5610.4019.2550.3064.3050.9183.5680.13-0.38-0.470.090.88
MSAI
MULTISENSOR AI HOLDINGS INC
$2.5230,835107.57%2.592.662.662.716.6044.3814.3615.1933.3834.90-0.04-0.02-0.010.24
SQNS
SEQUANS COMMUNICATIONS
$0.52195,74351.17%0.500.510.501.462.1447.1444.5937.2168.9246.80-0.03-0.040.010.97
LKCO
LUOKUNG TECHNOLOGY CORP
$0.5878,598121.43%0.570.540.590.590.7154.3965.6369.9277.1280.370.00-0.010.010.93
BAND
BANDWIDTH INC
$22.25229,54813.66%21.8120.1118.9816.8214.5267.4561.9961.3162.4063.781.180.980.201.08
CLVT
CLARIVATE PLC
$6.015,890,310-4.08%6.406.707.027.897.5532.4011.5919.7133.1942.37-0.28-0.23-0.051.02
WRAP
WRAP TECHNOLOGIES INC
$1.65267,535134.92%1.561.672.092.822.4242.4036.9530.9791.1986.56-0.16-0.200.041.16
CISO
CISO GLOBAL INC
$0.8430,6722.76%0.911.021.151.371.7030.2712.709.7421.7314.55-0.10-0.09-0.020.74
UAVS
AGEAGLE AERIAL SYSTEMS INC
$0.67172,516-20.38%0.690.690.751.172.1243.5427.4233.5539.8863.83-0.02-0.030.011.16
LYT
LYTUS TECHNOLOGIES HOLDINGS PTV LTD
$3.1935,39258.53%3.213.574.124.658.9539.626.814.0811.653.88-0.26-0.24-0.021.95
BTCM
BIT MINING LTD
$2.55130,617103.33%2.592.722.723.453.3046.7022.1322.2337.8635.39-0.06-0.05-0.011.25
SATS
ECHOSTAR CORP
$17.591,098,4295.55%16.6016.3414.8914.4814.8764.1288.5378.9050.3844.640.650.610.040.87
EVBG
EVERBRIDGE INC
$34.87195,159-84.14%34.7734.7934.8130.3526.3465.1576.8164.2755.9132.700.100.15-0.050.97
TURB
TURBO ENERGY SA
$1.192,543195.70%1.171.181.181.13N/A52.3239.4433.1556.5750.380.000.000.000.40
XRX
XEROX HOLDINGS CORP
$13.951,115,144-8.21%13.7113.8915.7816.8015.9339.0580.9273.3594.0197.22-0.59-0.770.181.25
SGN
SIGNING DAY SPORTS INC
$0.30579,713-8.67%0.300.300.340.55N/A46.9345.0851.2678.4082.97-0.01-0.020.011.91
LPL
LG DISPLAY CO LTD
$3.91228,83116.25%4.004.034.044.324.6043.5923.2822.8725.6824.65-0.02-0.01-0.011.06
OST
OSTIN TECHNOLOGY GROUP CO LTD
$0.47140,470372.93%0.430.430.460.540.6754.8731.2121.1648.4732.50-0.01-0.010.000.87
MRVL
MARVELL TECHNOLOGY INC
$71.927,148,087-57.93%69.5067.8768.7568.3161.6057.8986.0582.6394.5189.570.670.030.641.58
XTIA
XTI AEROSPACE INC
$1.57187,681-15.05%1.722.102.653.877.5333.316.847.2912.7311.35-0.37-0.35-0.021.18
AILE
ILEARNINGENGINES INC
$6.7534,001-56.07%7.627.399.7510.1310.3241.2221.0225.3427.0034.97-0.80-0.820.020.07
MRDB
MARIADB PLC
$0.5082,300-65.30%0.500.510.440.360.4453.8120.5623.150.003.100.020.02-0.010.51
ZEPP
ZEPP HEALTH CORP
$0.8986,023158.23%0.870.860.951.161.1949.6244.1945.1780.7381.04-0.02-0.030.010.87
DBD
DIEBOLD NIXDORF INC
$44.54222,3719.70%41.6537.2835.3033.20N/A83.2296.9896.90100.00100.002.751.970.780.92
FCUV
FOCUS UNIVERSAL INC
$0.30437,80398.65%0.310.300.370.721.2344.3727.8620.8432.3737.06-0.02-0.020.010.53
KSCP
KNIGHTSCOPE INC
$0.382,792,0898.77%0.420.440.470.510.6834.3318.9021.449.0613.03-0.02-0.02-0.001.61
SYNA
SYNAPTICS INC
$94.48312,7253.00%91.1889.2692.92100.2396.9059.6791.1378.80100.0081.760.19-0.670.861.56
NTRP
NEXTTRIP INC
$2.633,086-51.75%2.502.623.503.423.6443.1954.5850.1994.7694.52-0.24-0.290.060.92
SATX
SATIXFY COMMUNICATIONS LTD
$0.6213,124-38.13%0.610.600.600.530.5055.5369.7265.5643.4237.300.010.010.001.35
MRT
MARTI TECHNOLOGIES INC
$1.8269,549-54.01%12.4812.3213.0113.5814.5358.7871.4265.24100.0099.31-0.06-0.170.12-0.01
ALAB
ASTERA LABS INC
$72.501,202,807-44.55%72.9274.78N/AN/AN/A48.9337.1235.1729.1327.13N/AN/AN/A2.61
ARBB
ARB IOT GROUP LTD
$0.8575,130-3.59%0.951.031.181.391.4328.205.438.460.290.10-0.09-0.08-0.01-0.20
EZFL
EZFILL HOLDINGS INC
$2.6215,640-17.32%2.662.542.241.912.1556.3542.0843.759.2113.340.100.13-0.020.25
RPD
RAPID7 INC
$38.11731,822-31.52%39.7642.6046.5951.4450.6830.3931.4129.4445.2436.84-2.60-2.33-0.271.22
CAMP
CALAMP CORP
$3.7713,77222.78%3.823.573.253.596.7357.8454.4063.0133.6753.210.170.17-0.001.41
DHX
DHI GROUP INC
$2.452,048,8861,734.21%2.562.522.502.492.7247.0129.4929.4918.4418.460.000.02-0.010.96
POET
POET TECHNOLOGIES INC
$2.21324,336-43.23%2.222.231.631.411.9855.1724.3130.4215.9121.330.200.23-0.030.88
ALIT
ALIGHT INC
$8.056,176,538-20.04%8.048.609.048.988.2438.5524.8016.1041.9625.72-0.40-0.32-0.081.06
RBRK
RUBRIK INC
$36.571,088,27146.54%34.19N/AN/AN/AN/A58.30N/AN/AN/AN/AN/AN/AN/A2.75
PEGY
PINEAPPLE ENERGY INC
$0.11215,588,354-52.28%0.080.070.060.200.5359.1565.7559.1483.9773.110.010.000.010.80
IDAI
T STAMP INC
$0.6872,783-58.28%0.770.780.891.131.4127.748.3719.241.0710.20-0.06-0.05-0.011.03
JTAI
JETAI INC
$0.6777,75782.65%1.601.421.361.562.2747.0730.0748.0122.6545.600.070.07-0.00-0.18
ST
SENSATA TECHNOLOGIES HOLDING PLC
$42.771,281,708-33.50%42.4339.4337.0436.0235.9678.3895.1595.7874.4785.702.021.780.251.17
GREE
GREENIDGE GENERATION HOLDINGS INC
$2.47105,972-28.03%2.502.622.973.764.3342.6035.1632.5278.0072.04-0.15-0.170.022.28
NA
NANO LABS LTD
$0.61445,701230.98%0.580.551.101.371.3642.5535.3736.7081.9174.60-0.12-0.160.041.06
XELA
EXELA TECHNOLOGIES INC
$2.55108,724-48.93%2.582.332.412.453.0853.7856.3266.0461.1578.510.090.040.051.43
AISP
AIRSHIP AI HOLDINGS INC
$4.36697,99498.21%5.666.397.924.957.8134.619.7617.7814.4927.55-0.70-0.53-0.17-0.35
NVNI
NVNI GROUP LTD
$1.40163-79.75%1.431.441.681.90N/A37.4312.7225.4360.7272.54-0.06-0.080.011.76
ENV
ENVESTNET INC
$67.81455,10556.01%65.6764.0660.0355.4850.2568.8478.6973.8351.0447.892.081.930.151.13
STX
SEAGATE TECHNOLOGY HOLDINGS PLC
$95.272,653,43344.14%93.6790.0289.1388.2179.4462.3288.5793.0583.2391.892.421.361.051.06
AUUD
AUDDIA INC
$1.4068,507-18.55%1.621.672.043.675.4635.4511.6719.541.656.88-0.20-0.200.001.34
MINM
MINIM INC
$3.5028,35017.72%3.803.804.904.323.0537.9821.8335.8840.8157.83-0.29-0.320.020.71
ISDR
ISSUER DIRECT CORP
$9.9924,646111.23%10.6611.1811.9113.7415.9333.3119.2918.5320.2717.56-0.58-0.47-0.110.38
LEDS
SEMILEDS CORP
$1.5310,055-88.30%1.461.511.501.461.5453.1445.0837.8980.7065.30-0.01-0.010.000.72
UPLD
UPLAND SOFTWARE INC
$2.78168,197-29.15%2.962.592.633.303.6352.0652.3555.3056.2360.060.080.040.041.28
LDTC
LEDDARTECH HOLDINGS INC
$2.2323,145-4.57%2.272.262.623.266.8042.7812.7327.7746.5162.43-0.07-0.120.04-0.06
NATL
NCR ATLEOS CORP
$28.50948,967-46.78%24.3422.7521.1021.63N/A83.0797.6195.72100.0098.301.640.920.720.83
ZPTA
ZAPATA COMPUTING HOLDINGS INC
$0.91947,853-40.12%1.151.324.497.499.1224.644.7212.761.2330.91-0.83-1.020.20-0.01
KNW
KNOW LABS INC
$0.6517,501-91.79%0.650.650.650.590.5450.2172.0981.3879.4192.220.010.010.000.38
TCX
TUCOWS INC
$18.9716,416-39.56%18.6318.3018.1520.1920.6753.7056.3862.2262.0969.340.250.110.140.94
UIS
UNISYS CORP
$4.97535,33520.81%5.095.245.265.814.9140.6239.2739.1566.4162.51-0.10-0.09-0.021.28
RXT
RACKSPACE TECHNOLOGY INC
$2.12892,4600.20%1.991.861.761.791.7871.4387.3585.8091.6896.680.110.070.041.94
GCTS
GCT SEMICONDUCTOR HOLDING INC
$5.3190,073-27.55%5.835.379.4810.0610.3343.5931.0539.5734.1846.30-0.84-1.120.270.75
CAUD
COLLECTIVE AUDIENCE INC
$0.51138,141-46.83%0.080.080.080.060.0548.1075.8383.3331.3541.370.000.00-0.00-0.20
XBP
XBP EUROPE HOLDINGS INC
$2.5374,19483.07%3.312.402.252.697.9449.9057.2664.1554.6965.480.360.320.040.10
KSPI
JOINT STOCK CO KASPIKZ
$117.6299,084-56.99%119.28118.39118.62N/AN/A49.2131.4741.0622.9129.300.390.58-0.190.72
COMM
COMMSCOPE HOLDING COMPANY INC
$1.325,185,091103.90%1.101.031.161.692.1862.6079.7270.1598.0495.190.01-0.030.051.51
ASNS
ACTELIS NETWORKS INC
$0.5225,68343.16%0.560.650.840.991.1229.6518.9321.576.666.78-0.09-0.09-0.000.67
BNZI
BANZAI INTERNATIONAL INC
$0.31241,32583.06%0.310.340.470.975.6034.1124.1520.6795.2484.22-0.05-0.060.010.06
SMXT
SOLARMAX TECHNOLOGY INC
$12.4251,543-1.04%11.5410.5710.06N/AN/A60.0979.2983.1494.8997.020.750.560.193.90
WISA
WISA TECHNOLOGIES INC
$3.26803,119-40.15%3.564.414.238.2639.7242.3013.0816.0922.9829.32-0.41-0.29-0.120.65
RDZN
ROADZEN INC
$3.4269,42052.84%3.544.135.365.515.9932.3110.5910.1653.1244.54-0.61-0.58-0.030.26
BTDR
BITDEER TECHNOLOGIES GROUP
$5.71392,759-36.55%5.665.886.437.097.5545.1747.1731.9581.8056.59-0.22-0.260.040.32
HUBC
HUB CYBER SECURITY LTD
$0.881,490,87672.42%0.890.991.091.362.5543.3613.428.9022.157.47-0.10-0.08-0.020.03
INTZ
INTRUSION INC
$1.63163,827-10.98%1.751.772.643.606.5642.5519.8440.2441.8863.02-0.21-0.290.080.66
GETR
GETAROUND INC
$0.20942,224-22.06%0.210.210.250.240.2842.8916.0918.8569.2272.24-0.01-0.010.000.14
AWIN
AERWINS TECHNOLOGIES INC
$4.66361,924-66.58%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.49
ASTI
ASCENT SOLAR TECHNOLOGIES INC
$0.1220,574,881-54.11%0.110.110.220.462.6644.1253.1155.8687.3894.74-0.03-0.040.010.49
OPTX
SYNTEC OPTICS HOLDINGS INC
$3.152,656-60.50%3.183.364.104.426.6842.1120.2517.9644.1439.04-0.22-0.250.030.20
VVPR
VIVOPOWER INTERNATIONAL PLC
$3.2158,68320.22%3.443.563.242.382.7442.9410.0711.541.531.53-0.040.04-0.090.72
MOBX
MOBIX LABS INC
$2.5042,070182.77%19.8219.8220.1520.2919.9948.6548.2337.8969.4755.45-0.08-0.100.02-0.00

Tech Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
66+0.33%+3.51%+13.86%+0.01%8.90x2.82x+39.55%+8.64%+15.94%+13.67%Buy
35-0.85%+7.18%+3.53%+154.60%38.33x14.40x-27.44%+10.64%+17.97%+9.60%Buy
19-0.38%+3.52%+7.87%+1.64%28.84x23.24x+142.75%+28.02%+54.15%+16.01%Buy
44+0.24%+1.80%+12.79%+18.46%21.86x3.90x+20.97%+9.77%+15.19%+5.53%Buy
10+0.00%+2.50%+8.24%+36.07%15.09x1.46x+11.24%+3.60%+11.71%-2.57%Hold
62-0.46%+0.92%+2.78%+17.47%27.32x4.56x+24.53%+8.09%+16.40%+14.60%Buy
32+0.32%+2.23%+10.19%+9.70%13.63x3.31x+8.46%+6.49%+13.44%+4.63%Buy
29-0.69%+1.11%+6.64%+45.83%37.71x11.91x+51.04%+18.23%+30.74%+8.78%Buy
67-0.64%+3.62%+10.27%+45.30%66.74x8.38x+51.79%+29.89%+33.61%+9.82%Buy
248+1.44%+5.82%+8.94%+33.55%32.16x6.56x+5.58%+4.72%+7.73%+12.97%Buy
147-0.05%+2.42%+4.02%+14.54%45.36x11.92x+26.21%+15.01%+24.28%+18.89%Buy
26-0.87%+2.97%+3.56%-50.14%24.31x2.67x+11.23%+6.71%+10.76%+31.26%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 69, which is 40 points higher than the tech sector average of 29. It passed 22 out of 33 due diligence checks and has strong fundamentals. Rambus has seen its stock return 8.25% over the past year, underperforming other tech stocks by -19 percentage points.

Rambus has an average 1 year price target of $81.67, an upside of 40.88% from Rambus's current stock price of $57.97.

Rambus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 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. Dlocal (NASDAQ:DLO)


Dlocal (NASDAQ:DLO) is the second best tech stock with a Zen Score of 66, which is 37 points higher than the tech sector average of 29. It passed 22 out of 33 due diligence checks and has strong fundamentals. Dlocal has seen its stock lose -31.5% over the past year, underperforming other tech stocks by -59 percentage points.

Dlocal has an average 1 year price target of $18.00, an upside of 87.7% from Dlocal's current stock price of $9.59.

Dlocal stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Dlocal, 37.5% have issued a Strong Buy rating, 0% have issued a Buy, 62.5% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Epam Systems (NYSE:EPAM)


Epam Systems (NYSE:EPAM) is the third best tech stock with a Zen Score of 66, which is 37 points higher than the tech sector average of 29. It passed 21 out of 33 due diligence checks and has strong fundamentals. Epam Systems has seen its stock lose -19.37% over the past year, underperforming other tech stocks by -47 percentage points.

Epam Systems has an average 1 year price target of $281.88, an upside of 50.09% from Epam Systems's current stock price of $187.80.

Epam Systems stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Epam Systems, 50% have issued a Strong Buy rating, 12.5% have issued a Buy, 37.5% 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 118 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 3.25%. 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 0% 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 145.08%, which is 142 percentage points higher than the tech sector average of 3.25%.

Wisekey International Holding Sa's dividend payout ratio of -1,098% indicates that its high dividend yield might not be sustainable for the long-term.

3. Mind Cti (NASDAQ:MNDO)


Mind Cti (NASDAQ:MNDO) has an annual dividend yield of 12.73%, which is 9 percentage points higher than the tech sector average of 3.25%. Mind Cti's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Mind Cti's dividend has not shown consistent growth over the last 10 years.

Mind Cti's dividend payout ratio of 92.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are tech stocks up?

Tech stocks were up 0.23% in the last day, and up 3.61% over the last week. Mmtec was the among the top gainers in the technology sector, gaining 16.64% yesterday.

Shares of US-listed Chinese stocks are trading higher after China unveiled measures to support the property sector.

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 78 points higher than the tech sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Axcelis Technologies's stock has dropped -17.76% in the past year. It has underperformed other stocks in the tech sector by -45 percentage points.

2. International Money Express (NASDAQ:IMXI)


International Money Express (NASDAQ:IMXI) is the second most undervalued tech stock based on WallStreetZen's Valuation Score. International Money Express has a valuation score of 100, which is 78 points higher than the tech sector average of 22. It passed 7 out of 7 valuation due diligence checks.

International Money Express's stock has dropped -9.03% in the past year. It has underperformed other stocks in the tech sector by -36 percentage points.

3. Skyworks Solutions (NASDAQ:SWKS)


Skyworks Solutions (NASDAQ:SWKS) is the third most undervalued tech stock based on WallStreetZen's Valuation Score. Skyworks Solutions has a valuation score of 100, which is 78 points higher than the tech sector average of 22. It passed 7 out of 7 valuation due diligence checks.

Skyworks Solutions's stock has dropped -5.52% in the past year. It has underperformed other stocks in the tech sector by -33 percentage points.

Are tech stocks a good buy now?

41.41% of tech stocks rated by analysts are a strong buy right now. On average, analysts expect tech stocks to rise by 12.49% 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 44.41x.
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.