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

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
SRAD	SPORTRADAR GROUP AG	$9.21	$4.41	109.08%	70.85x	30.70x	2.88x	2.91x	0.87x	$265.23M	9.65%	$943.25M	3.16	$2.50B	7.73
PCTY	PAYLOCITY HOLDING CORP	$167.63	N/A	N/A	48.17x	63.74x	6.98x	8.60x	N/A	$297.73M	3.15%	$1.10B	19.50	$9.02B	27.10
SHOP	SHOPIFY INC	$74.46	$4.41	1,588.66%	744.60x	-572.77x	13.52x	10.57x	6.75x	$905.00M	0.95%	$9.07B	7.07	$95.54B	374.65
MCHP	MICROCHIP TECHNOLOGY INC	$91.36	$48.52	88.29%	21.05x	17.71x	5.78x	6.97x	1.29x	$2.82B	5.70%	$7.08B	13.09	$54.78B	13.48
AKAM	AKAMAI TECHNOLOGIES INC	$99.67	$64.68	54.09%	27.76x	18.49x	3.99x	3.29x	0.78x	$618.40M	4.07%	$4.60B	30.14	$19.15B	15.41
WDAY	WORKDAY INC	$255.78	N/A	N/A	48.44x	230.43x	9.21x	8.36x	N/A	$1.91B	2.86%	$8.08B	30.93	$68.81B	93.75
HPQ	HP INC	$28.18	$50.63	-44.34%	8.14x	6.11x	0.53x	-16.85x	0.31x	$3.15B	11.23%	-$1.64B	-1.65	$34.88B	7.74
PUBM	PUBMATIC INC	$23.43	$9.75	140.24%	137.82x	22.97x	4.54x	3.96x	0.93x	$52.83M	4.36%	$296.20M	5.72	$1.12B	18.15
DTST	DATA STORAGE CORP	$5.08	$0.81	524.68%	84.67x	N/A	1.39x	1.76x	3.67x	$2.33M	6.69%	$19.99M	2.92	$34.33M	19.53
NXPI	NXP SEMICONDUCTORS NV	$257.85	$135.37	90.48%	23.55x	18.96x	4.98x	7.47x	1.20x	$2.93B	4.43%	$8.83B	34.41	$73.20B	15.50
AMAT	APPLIED MATERIALS INC	$204.09	N/A	N/A	23.84x	25.32x	6.40x	9.73x	N/A	$7.71B	4.54%	$17.43B	20.97	$168.29B	19.16
SIMO	SILICON MOTION TECHNOLOGY CORP	$73.96	N/A	N/A	46.22x	N/A	3.86x	3.36x	N/A	$100.00M	4.05%	$734.70M	22.03	$2.11B	25.44
APP	APPLOVIN CORP	$75.07	$13.60	451.93%	74.33x	40.58x	8.05x	20.44x	3.26x	$1.06B	4.00%	$1.26B	3.57	$28.35B	24.75
QLYS	QUALYS INC	$165.37	N/A	N/A	40.24x	57.02x	11.00x	16.61x	N/A	$235.82M	3.87%	$368.17M	9.98	$5.94B	28.88
FORM	FORMFACTOR INC	$54.00	$20.09	168.75%	50.94x	33.54x	6.30x	4.61x	1.32x	$8.58M	0.21%	$908.80M	11.75	$4.06B	30.16
HPE	HEWLETT PACKARD ENTERPRISE CO	$16.86	$12.49	35.02%	11.39x	11.55x	0.78x	1.02x	1.35x	$3.17B	14.45%	$21.42B	16.46	$30.96B	6.28
CINT	CI&T INC	$3.87	$8.30	-53.40%	20.05x	6.91x	1.17x	N/A	0.19x	$77.57M	14.91%	N/A	N/A	N/A	N/A
MNDO	MIND CTI LTD	$1.89	N/A	N/A	7.25x	N/A	1.76x	1.55x	N/A	$4.04M	10.61%	$24.49M	1.22	$35.62M	6.22
CHKP	CHECK POINT SOFTWARE TECHNOLOGIES LTD	$151.20	$45.88	229.53%	20.71x	20.24x	6.94x	6.14x	9.10x	$992.40M	5.84%	$2.77B	24.64	$16.44B	15.95
BOSC	BOS BETTER ONLINE SOLUTIONS LTD	$2.78	$2.33	19.39%	7.94x	N/A	0.36x	0.85x	2.39x	$1.49M	9.35%	$18.84M	3.29	$15.73M	5.32
NICE	NICE LTD	$221.48	$76.42	189.83%	41.63x	31.50x	5.92x	4.17x	1.64x	$477.25M	3.39%	$3.34B	52.54	$14.20B	23.56
HKD	AMTD DIGITAL INC	$3.67	$7.52	-51.21%	11.26x	N/A	25.31x	1.38x	0.22x	N/A	N/A	$510.63M	2.67	$632.41M	N/A
UI	UBIQUITI INC	$111.20	$43.85	153.60%	18.05x	N/A	3.58x	-427.64x	3.88x	-$15.84M	-0.24%	-$15.72M	-0.26	$7.66B	14.05
IMMR	IMMERSION CORP	$7.22	N/A	N/A	6.88x	N/A	6.86x	1.25x	N/A	$20.60M	8.85%	$183.10M	5.68	$172.81M	3.99
HCKT	HACKETT GROUP INC	$22.14	$9.89	123.95%	17.57x	N/A	2.06x	6.78x	2.61x	$33.30M	5.44%	$90.08M	3.26	$624.47M	11.85
NVDA	NVIDIA CORP	$887.89	$213.46	315.96%	73.68x	178.65x	35.98x	51.65x	2.11x	$27.02B	1.23%	$42.98B	17.41	$2.22T	62.48
DAKT	DAKTRONICS INC	$10.35	$22.22	-53.41%	8.85x	N/A	0.59x	2.02x	0.23x	$61.41M	12.85%	$236.25M	5.12	$450.83M	5.50
JBL	JABIL INC	$117.22	N/A	N/A	9.89x	15.59x	0.46x	5.32x	N/A	$1.14B	7.73%	$2.66B	21.23	$14.82B	5.10
VRNT	VERINT SYSTEMS INC	$31.25	$20.02	56.09%	111.61x	12.86x	2.20x	2.35x	0.59x	$124.91M	6.25%	$830.05M	12.97	$2.15B	15.14
LSCC	LATTICE SEMICONDUCTOR CORP	$70.92	$28.26	150.91%	44.60x	N/A	14.05x	14.29x	1.27x	$224.27M	2.30%	$682.66M	4.97	$9.66B	45.41
INTU	INTUIT INC	$629.27	$91.35	588.85%	63.69x	58.65x	11.67x	10.42x	5.93x	$4.68B	2.65%	$16.91B	60.39	$181.13B	40.60
ACN	ACCENTURE PLC	$303.71	$115.91	162.02%	27.21x	23.31x	2.96x	7.51x	1.94x	$8.80B	4.61%	$27.12B	43.12	$201.75B	17.54
FN	FABRINET	$179.22	$43.66	310.52%	25.64x	25.03x	2.39x	4.04x	11.85x	$280.62M	4.31%	$1.61B	44.36	$6.20B	19.32
CPSH	CPS TECHNOLOGIES CORP	$1.73	$2.01	-13.78%	19.22x	N/A	0.91x	1.45x	0.40x	$549.18k	2.20%	$17.32M	1.20	$16.53M	7.46
CLMB	CLIMB GLOBAL SOLUTIONS INC	$58.84	$32.84	79.17%	22.81x	N/A	0.73x	3.53x	1.10x	$7.66M	2.93%	$76.45M	17.23	$228.15M	12.51
EGAN	EGAIN CORP	$6.39	$2.84	125.10%	27.78x	N/A	2.08x	2.99x	1.42x	$12.14M	6.09%	$66.79M	2.14	$114.60M	11.41
CLS	CELESTICA INC	$44.86	$25.76	74.17%	16.68x	N/A	0.64x	3.12x	1.43x	$358.80M	6.72%	$1.71B	14.38	$5.86B	9.43
STNE	STONECO LTD	$16.73	$12.70	31.76%	16.73x	20.40x	2.18x	1.80x	0.81x	$85.94M	1.66%	$2.87B	9.30	$5.73B	4.26
TSRI	TSR INC	$7.72	N/A	N/A	8.67x	N/A	0.19x	0.95x	N/A	$2.18M	13.12%	$17.69M	8.22	$6.77M	2.43
CSGS	CSG SYSTEMS INTERNATIONAL INC	$41.70	$12.13	243.78%	18.87x	N/A	1.02x	4.60x	N/A	$63.10M	5.31%	$269.34M	9.45	$1.71B	8.83
MPWR	MONOLITHIC POWER SYSTEMS INC	$707.22	$106.19	565.99%	82.62x	N/A	18.82x	16.29x	4.18x	$602.74M	1.75%	$2.11B	43.46	$33.93B	65.29
DSGX	DESCARTES SYSTEMS GROUP INC	$95.48	$16.87	466.00%	70.21x	N/A	14.18x	6.56x	3.55x	$202.12M	2.49%	$1.24B	14.55	$7.81B	35.74
INTT	INTEST CORP	$11.34	$9.34	21.47%	13.83x	N/A	1.05x	1.43x	0.82x	$14.91M	11.47%	$96.28M	8.40	$110.15M	6.71
SPSC	SPS COMMERCE INC	$182.41	$15.93	1,044.79%	97.55x	88.12x	12.05x	9.89x	11.26x	$126.70M	1.87%	$682.97M	18.43	$6.53B	53.82
BELFA	BEL FUSE INC	$71.20	$67.52	5.46%	12.67x	N/A	1.52x	2.59x	0.68x	$92.57M	10.20%	$346.66M	27.19	$908.68M	9.00
GLOB	GLOBANT SA	$185.55	$74.00	150.73%	49.88x	29.04x	3.77x	4.62x	1.21x	$192.01M	2.43%	$1.73B	40.60	$8.21B	22.70
VSH	VISHAY INTERTECHNOLOGY INC	$22.77	N/A	N/A	9.81x	N/A	0.93x	1.43x	N/A	$37.45M	1.18%	$2.20B	15.75	$3.11B	4.60
SAIC	SCIENCE APPLICATIONS INTERNATIONAL CORP	$131.55	N/A	N/A	14.65x	15.85x	0.91x	3.81x	N/A	$369.00M	5.43%	$1.79B	34.56	$8.95B	10.14
DCBO	DOCEBO INC	$45.62	$4.03	1,032.41%	506.89x	207.36x	8.21x	27.26x	4.52x	$15.33M	1.03%	$50.72M	1.56	$1.31B	-1,750.24
SOL	EMEREN GROUP LTD	$1.87	N/A	N/A	N/A	2.13x	1.22x	0.33x	N/A	-$38.51M	-36.58%	$322.34M	5.73	$104.18M	N/A
TXN	TEXAS INSTRUMENTS INC	$178.91	$78.35	128.35%	27.65x	19.83x	9.69x	9.59x	1.46x	$940.00M	0.58%	$16.98B	18.66	$174.60B	20.58
GFS	GLOBALFOUNDRIES INC	$49.27	$43.47	13.34%	26.63x	15.35x	3.68x	2.46x	0.52x	$345.00M	1.27%	$11.10B	20.12	$27.29B	10.21
SURG	SURGEPAYS INC	$3.78	N/A	N/A	2.61x	N/A	0.39x	2.58x	N/A	$10.01M	18.57%	$28.25M	1.98	$63.74M	3.18
VSAT	VIASAT INC	$17.21	N/A	N/A	2.21x	-61.46x	0.57x	0.42x	N/A	-$949.40M	-44.10%	$5.10B	40.79	$8.20B	6.10
MLAB	MESA LABORATORIES INC	$115.50	$53.36	116.46%	679.41x	11.57x	2.93x	1.55x	0.77x	$40.71M	6.54%	$402.96M	74.72	$827.75M	21.26
TSM	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	$141.56	$54.05	161.91%	26.73x	N/A	10.54x	6.64x	1.98x	$9.44B	1.29%	$110.56B	21.32	$717.47B	14.60
ORCL	ORACLE CORP	$115.80	$49.30	134.88%	29.77x	23.88x	6.06x	56.60x	1.45x	$12.26B	3.85%	$5.62B	2.05	$396.78B	19.05
VZIO	VIZIO HOLDING CORP	$10.55	$5.64	87.08%	75.36x	22.45x	1.23x	4.65x	0.76x	-$3.70M	-0.18%	$449.30M	2.29	$1.87B	41.03
AAPL	APPLE INC	$183.38	$49.56	270.01%	28.39x	28.07x	7.40x	37.90x	4.55x	$101.92B	3.61%	$74.19B	4.82	$2.88T	21.93
CAMT	CAMTEK LTD	$83.28	$22.06	277.49%	47.32x	N/A	11.81x	7.85x	2.35x	$71.23M	1.91%	$476.15M	10.65	$3.82B	53.60
TIXT	TELUS INTERNATIONAL (CDA) INC	$8.03	$18.03	-55.47%	40.15x	5.50x	0.81x	1.08x	0.17x	$409.00M	18.59%	$2.04B	7.43	$3.82B	7.25
ADBE	ADOBE INC	$486.18	$122.06	298.31%	46.21x	38.10x	11.05x	14.09x	2.65x	$6.49B	2.95%	$15.46B	34.13	$215.64B	29.88
PAYC	PAYCOM SOFTWARE INC	$171.29	N/A	N/A	20.86x	23.96x	5.56x	6.92x	N/A	$288.01M	2.97%	$1.44B	25.43	$9.58B	13.33
ANSS	ANSYS INC	$319.52	$102.28	212.40%	63.90x	40.24x	12.49x	5.16x	1.49x	$710.20M	2.55%	$5.41B	62.13	$27.69B	38.42
SANM	SANMINA CORP	$61.76	$47.79	29.24%	14.20x	N/A	0.43x	1.47x	0.90x	$177.91M	5.18%	$2.33B	41.87	$3.10B	6.49
WEX	WEX INC	$211.30	$206.70	2.22%	33.97x	14.98x	3.41x	4.98x	0.43x	$580.50M	6.57%	$1.78B	42.53	$11.10B	12.68
MRAM	EVERSPIN TECHNOLOGIES INC	$6.39	$2.90	120.33%	15.98x	N/A	2.14x	2.47x	3.17x	$9.05M	6.67%	$55.79M	2.63	$108.30M	11.59
PLTR	PALANTIR TECHNOLOGIES INC	$23.33	N/A	N/A	233.30x	-1,166.50x	22.52x	14.85x	N/A	$697.07M	1.39%	$3.48B	1.62	$51.02B	162.81
CRWD	CROWDSTRIKE HOLDINGS INC	$310.21	N/A	N/A	838.41x	-492.40x	24.23x	32.57x	N/A	$940.22M	1.27%	$2.30B	9.66	$72.45B	236.78
LSPD	LIGHTSPEED COMMERCE INC	$13.49	N/A	N/A	-9.99x	-14.66x	2.41x	0.85x	N/A	-$126.16M	-6.06%	$2.44B	15.80	$1.34B	-10.03
KLAC	KLA CORP	$696.59	$188.70	269.15%	36.26x	29.32x	9.79x	30.30x	2.93x	$3.08B	3.28%	$3.09B	22.93	$98.57B	26.44
ALKT	ALKAMI TECHNOLOGY INC	$27.33	N/A	N/A	-45.55x	N/A	9.43x	8.25x	N/A	-$13.53M	-0.51%	$322.91M	3.33	$2.64B	-64.33
CDNS	CADENCE DESIGN SYSTEMS INC	$281.63	$43.17	552.36%	72.59x	92.95x	18.62x	21.48x	4.51x	$1.21B	1.59%	$3.57B	13.23	$76.28B	52.34
TDY	TELEDYNE TECHNOLOGIES INC	$385.34	$145.83	164.24%	20.54x	19.10x	3.25x	1.96x	3.15x	$817.70M	4.49%	$9.33B	197.21	$20.61B	15.37
VTEX	VTEX	$7.90	N/A	N/A	-108.22x	395.00x	7.21x	6.05x	N/A	$3.71M	0.25%	$240.29M	1.31	$1.43B	37.83
PLUS	EPLUS INC	$77.92	$47.36	64.53%	16.40x	N/A	0.96x	2.39x	1.28x	$264.57M	12.76%	$877.75M	32.98	$1.96B	9.77
JNPR	JUNIPER NETWORKS INC	$34.84	$21.70	60.56%	49.07x	23.23x	2.10x	2.53x	0.69x	$854.20M	7.60%	$4.48B	13.89	$11.99B	30.32
NVTS	NAVITAS SEMICONDUCTOR CORP	$4.65	N/A	N/A	-5.41x	46.50x	9.89x	2.19x	N/A	-$44.88M	-5.72%	$380.62M	2.25	$689.23M	-5.61
WIT	WIPRO LTD	$5.40	$3.45	56.71%	20.93x	16.36x	2.69x	3.53x	0.93x	$1.82B	6.13%	$8.39B	1.53	$30.63B	12.87
FLYW	FLYWIRE CORP	$19.81	N/A	N/A	-283.00x	141.50x	5.64x	3.10x	N/A	$74.61M	3.28%	$786.12M	6.85	$1.78B	150.94
FLEX	FLEX LTD	$27.90	$29.85	-6.53%	16.32x	N/A	0.41x	1.97x	0.48x	$489.00M	4.07%	$5.97B	13.84	$12.92B	9.03
ENTG	ENTEGRIS INC	$131.80	$116.43	13.20%	62.76x	22.72x	5.88x	5.79x	0.44x	$235.40M	1.19%	$3.43B	22.78	$23.78B	25.04
OTEX	OPEN TEXT CORP	$30.25	$45.13	-32.98%	48.79x	9.00x	1.40x	2.00x	0.25x	$754.40M	9.16%	$4.13B	15.17	$15.79B	9.80
YIBO	PLANET IMAGE INTERNATIONAL LTD	$2.05	N/A	N/A	11.39x	N/A	0.57x	3.34x	N/A	$16.91M	19.61%	$33.11M	0.79	$87.73M	7.51
BOX	BOX INC	$26.14	$188.65	-86.14%	37.88x	84.32x	3.63x	-8.75x	0.05x	$300.32M	7.97%	-$431.06M	-2.99	$3.88B	38.06
NVMI	NOVA LTD	$178.29	$49.51	260.10%	37.69x	N/A	9.92x	6.89x	2.65x	$106.34M	2.07%	$750.75M	26.04	$5.19B	30.37
ROP	ROPER TECHNOLOGIES INC	$517.21	$132.84	289.36%	37.26x	30.18x	8.66x	3.11x	3.20x	$2.00B	3.61%	$17.80B	166.33	$62.89B	29.94
MTLS	MATERIALISE NV	$5.39	$1.30	315.22%	41.78x	11.72x	1.10x	1.23x	3.20x	$11.49M	3.62%	$258.10M	4.37	$243.95M	7.04
SNPS	SYNOPSYS INC	$536.94	N/A	N/A	58.11x	79.43x	13.34x	12.28x	N/A	$1.31B	1.61%	$6.67B	43.80	$81.30B	43.94
IZM	ICZOOM GROUP INC	$2.51	$7.32	-65.69%	13.21x	N/A	0.11x	1.67x	0.14x	-$3.83M	-16.61%	$15.54M	1.69	$34.43M	10.88
PRGS	PROGRESS SOFTWARE CORP	$50.51	$12.67	298.67%	31.77x	N/A	3.09x	4.73x	4.48x	$192.16M	8.69%	$461.74M	10.54	$2.76B	21.65
EVTC	EVERTEC INC	$36.35	$38.98	-6.74%	35.64x	13.82x	3.16x	4.58x	0.38x	$112.24M	4.80%	$511.24M	7.94	$3.09B	13.40
CRSR	CORSAIR GAMING INC	$11.61	$5.51	110.63%	387.00x	17.07x	0.82x	1.80x	0.76x	$76.39M	6.42%	$667.58M	6.51	$1.22B	19.33
ALNT	ALLIENT INC	$30.22	$10.47	188.75%	20.01x	N/A	0.83x	1.99x	4.86x	$33.44M	6.93%	$251.58M	15.76	$707.48M	10.54
PAYO	PAYONEER GLOBAL INC	$5.08	N/A	N/A	19.54x	N/A	2.21x	2.82x	N/A	$111.70M	6.08%	$664.27M	1.84	$7.65B	58.23
TRAK	REPOSITRAK INC	$15.93	$2.24	609.66%	54.93x	N/A	14.60x	6.34x	8.54x	$7.37M	2.55%	$45.74M	2.52	$267.42M	35.19
SONY	SONY GROUP CORP	$84.54	$107.06	-21.03%	16.83x	10.33x	1.33x	2.30x	0.37x	$4.85B	4.24%	$49.75B	36.79	$133.87B	8.55
TSAT	TELESAT CORP	$7.48	$117.94	-93.66%	0.87x	N/A	0.19x	0.21x	0.04x	$63.06M	62.83%	$486.70M	36.27	$1.25B	2.38
SOTK	SONO TEK CORP	$4.52	$0.81	461.07%	64.57x	N/A	3.83x	4.43x	3.75x	$1.30M	1.84%	$16.07M	1.02	$68.19M	29.87
ALRM	ALARMCOM HOLDINGS INC	$68.27	$21.16	222.68%	41.88x	N/A	3.86x	4.95x	1.96x	$121.79M	3.58%	$688.55M	13.82	$3.24B	22.36

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.