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
PEGA	PEGASYSTEMS INC	$59.55	N/A	N/A	64.03x	N/A	3.49x	12.98x	N/A	$323.93M	6.46%	$390.19M	4.63	$5.34B	44.17
DQ	DAQO NEW ENERGY CORP	$18.91	N/A	N/A	N/A	1.29x	0.62x	0.26x	N/A	-$403.24M	-32.45%	$4.72B	71.78	-$1.45B	N/A
DJCO	DAILY JOURNAL CORP	$369.00	$99.29	271.66%	31.30x	N/A	7.12x	2.38x	3.74x	$11.47M	2.26%	$213.08M	154.74	$562.81M	22.71
SEMR	SEMRUSH HOLDINGS INC	$12.53	N/A	N/A	1,253.00x	-417.67x	5.81x	8.27x	N/A	$335.00k	0.02%	$219.15M	1.54	$1.77B	114.93
GRAB	GRAB HOLDINGS LTD	$3.53	N/A	N/A	-32.09x	-70.60x	5.88x	2.15x	N/A	$88.00M	0.62%	$6.45B	1.64	$11.54B	-34.97
KLIC	KULICKE & SOFFA INDUSTRIES INC	$47.00	N/A	N/A	-39.50x	7.83x	3.58x	2.58x	N/A	$28.46M	1.08%	$1.01B	18.03	$2.29B	-116.00
FORTY	FORMULA SYSTEMS (1985) LTD	$76.80	$37.70	103.71%	18.33x	N/A	0.45x	1.88x	1.83x	N/A	N/A	$625.90M	40.91	$1.39B	N/A
HEAR	TURTLE BEACH CORP	$15.06	N/A	N/A	-14.62x	29.53x	1.00x	3.12x	N/A	$24.89M	9.64%	$85.08M	4.97	$246.41M	-20.54
FRSH	FRESHWORKS INC	$14.03	N/A	N/A	-34.22x	-24.19x	6.70x	3.89x	N/A	$107.54M	2.57%	$1.08B	3.62	$3.75B	-44.29
OLO	OLO INC	$4.79	N/A	N/A	-13.31x	-19.96x	3.42x	1.19x	N/A	-$19.67M	-2.53%	$651.47M	4.00	$514.09M	-11.47
TEAM	ATLASSIAN CORP	$183.52	N/A	N/A	-291.30x	-398.96x	11.44x	42.12x	N/A	$1.27B	2.67%	$1.13B	4.37	$47.07B	1,617.43
DELL	DELL TECHNOLOGIES INC	$125.10	$72.03	73.67%	28.05x	17.74x	1.01x	-37.14x	0.92x	$5.92B	6.63%	-$2.40B	-3.37	$107.92B	12.65
IMOS	CHIPMOS TECHNOLOGIES INC	$28.21	$14.20	98.62%	16.15x	N/A	1.49x	1.28x	2.14x	$116.61M	11.37%	$798.30M	21.95	$1.14B	4.85
MGIC	MAGIC SOFTWARE ENTERPRISES LTD	$12.01	$6.79	76.87%	16.01x	N/A	1.10x	2.22x	1.57x	$73.19M	12.41%	$265.98M	5.42	$592.04M	8.33
BDC	BELDEN INC	$88.23	$85.19	3.57%	17.00x	12.27x	1.50x	3.11x	0.54x	$227.09M	6.28%	$1.16B	28.20	$4.37B	11.22
FATH	FATHOM DIGITAL MANUFACTURING CORP	$5.10	N/A	N/A	1.10x	6.38x	0.13x	0.49x	N/A	-$6.64M	-37.59%	$72.55M	20.95	$201.12M	3.53
RDDT	REDDIT INC	$46.64	N/A	N/A	-30.29x	N/A	3.43x	N/A	N/A	-$84.84M	-3.08%	-$412.92M	-6.98	N/A	N/A
WNS	WNS (HOLDINGS) LTD	$45.16	$21.74	107.72%	15.21x	N/A	1.56x	2.69x	2.91x	N/A	N/A	$765.70M	16.76	$2.35B	N/A
LDOS	LEIDOS HOLDINGS INC	$141.67	$115.36	22.80%	60.03x	18.05x	1.22x	4.50x	0.48x	$1.14B	5.96%	$4.26B	31.49	$23.70B	21.88
STM	STMICROELECTRONICS NV	$40.07	N/A	N/A	9.85x	11.04x	2.19x	2.12x	N/A	$948.00M	2.62%	$17.08B	18.91	$36.15B	6.51
GILT	GILAT SATELLITE NETWORKS LTD	$5.47	$2.65	106.46%	13.34x	N/A	1.16x	1.14x	4.80x	$23.37M	7.53%	$274.69M	4.85	$222.08M	5.35
ULY	URGENTLY INC	$1.77	N/A	N/A	0.07x	N/A	0.13x	2.47x	N/A	-$65.29M	-275.03%	$9.60M	0.72	$57.51M	0.48
ADTN	ADTRAN HOLDINGS INC	$4.74	N/A	N/A	-3.59x	N/A	0.29x	0.54x	N/A	-$71.41M	-19.22%	$684.89M	8.74	$491.13M	-6.59
PALT	PALTALK INC	$3.58	N/A	N/A	-29.83x	N/A	3.01x	1.64x	N/A	-$1.08M	-3.27%	$20.13M	2.18	$19.52M	-23.73
DOCN	DIGITALOCEAN HOLDINGS INC	$34.24	$9.14	274.70%	155.64x	74.43x	4.45x	-9.91x	1.51x	$110.37M	3.57%	-$313.70M	-3.48	$4.44B	28.91
ZS	ZSCALER INC	$177.11	N/A	N/A	-186.43x	-55.17x	13.92x	27.68x	N/A	$500.69M	1.90%	$958.86M	6.44	$26.34B	2,378.65
INTJ	INTELLIGENT GROUP LTD	$1.02	N/A	N/A	22.22x	N/A	4.39x	5.24x	N/A	$344.96k	3.03%	$2.19M	0.20	$8.79M	12.26
AVPT	AVEPOINT INC	$8.14	N/A	N/A	-67.83x	N/A	5.46x	7.11x	N/A	$31.17M	2.10%	$210.60M	1.16	$1.28B	-162.19
WIX	WIXCOM LTD	$119.83	N/A	N/A	206.60x	-71.33x	4.39x	-125.74x	N/A	$182.20M	2.66%	-$54.49M	-0.95	$7.24B	3,996.52
INLX	INTELLINETICS INC	$7.02	N/A	N/A	54.03x	N/A	1.69x	2.96x	N/A	$236.58k	0.83%	$9.75M	2.39	$33.33M	15.69
MLGO	MICROALGO INC	$2.42	N/A	N/A	-0.30x	N/A	0.14x	0.28x	N/A	-$6.22M	-56.36%	$44.45M	9.75	-$29.48M	0.79
MDB	MONGODB INC	$362.85	N/A	N/A	-146.31x	-79.57x	15.36x	24.72x	N/A	$115.40M	0.45%	$1.07B	15.00	$26.81B	-219.73
VISL	VISLINK TECHNOLOGIES INC	$3.84	N/A	N/A	-1.00x	N/A	0.33x	0.25x	N/A	-$10.45M	-114.24%	$36.98M	15.53	$2.14M	-0.26
TTEC	TTEC HOLDINGS INC	$7.66	$110.99	-93.10%	42.56x	1.89x	0.15x	0.61x	0.02x	$77.19M	21.29%	$598.64M	12.65	$1.32B	6.27
BLZE	BACKBLAZE INC	$9.39	N/A	N/A	-5.66x	N/A	3.31x	8.61x	N/A	-$27.21M	-8.05%	$44.94M	1.25	$420.33M	-14.67
VPG	VISHAY PRECISION GROUP INC	$34.06	$11.07	207.80%	18.02x	N/A	1.30x	1.38x	17.22x	$30.78M	6.66%	$329.84M	24.30	$430.33M	7.46
DAIO	DATA I/O CORP	$2.90	N/A	N/A	58.00x	N/A	0.92x	1.29x	N/A	$1.23M	4.76%	$20.32M	2.27	$14.53M	11.28
KN	KNOWLES CORP	$16.57	$5.87	182.37%	18.62x	N/A	1.95x	1.44x	5.90x	$121.10M	8.16%	$1.03B	11.54	$1.67B	14.88
TACT	TRANSACT TECHNOLOGIES INC	$5.18	N/A	N/A	10.79x	-21.58x	0.71x	1.31x	N/A	$4.61M	8.94%	$39.41M	3.96	$43.20M	5.61
KTCC	KEY TRONIC CORP	$4.36	$4.42	-1.28%	10.63x	N/A	0.08x	0.35x	0.70x	$1.02M	2.16%	$132.44M	12.31	$176.85M	4.97
FTCI	FTC SOLAR INC	$0.54	N/A	N/A	-1.23x	-2.72x	0.49x	1.09x	N/A	-$53.47M	-85.27%	$62.47M	0.54	$44.10M	-0.90
ELSE	ELECTRO SENSORS INC	$4.25	$0.59	618.75%	53.13x	N/A	1.70x	1.06x	9.77x	$60.00k	0.42%	$13.76M	4.01	$4.70M	9.93
TROO	TROOPS INC	$1.17	N/A	N/A	-58.50x	N/A	33.43x	1.96x	N/A	-$6.76M	-5.73%	$60.58M	0.60	$115.76M	362.89
SGMA	SIGMATRON INTERNATIONAL INC	$4.71	N/A	N/A	26.17x	N/A	0.07x	0.41x	N/A	$25.91M	90.28%	$69.37M	11.38	$121.64M	6.22
FEIM	FREQUENCY ELECTRONICS INC	$9.69	N/A	N/A	28.50x	N/A	1.74x	2.51x	N/A	-$250.00k	-0.27%	$36.67M	3.89	$85.83M	14.65
NN	NEXTNAV INC	$9.02	N/A	N/A	-13.67x	-12.53x	250.56x	12.96x	N/A	-$38.19M	-3.92%	$77.37M	0.72	$987.17M	-15.66
AVDX	AVIDXCHANGE HOLDINGS INC	$12.12	N/A	N/A	-52.70x	N/A	6.43x	3.77x	N/A	$6.20M	0.26%	$656.45M	3.25	$2.21B	670.45
MKTW	MARKETWISE INC	$1.61	$2.45	-34.25%	26.83x	6.71x	0.11x	-47.88x	0.27x	$60.70M	118.88%	-$11.08M	-0.35	$381.18M	82.20
INDI	INDIE SEMICONDUCTOR INC	$5.97	N/A	N/A	-7.37x	10.47x	3.88x	2.45x	N/A	-$117.14M	-13.52%	$446.15M	3.07	$1.11B	-14.11
PDFS	PDF SOLUTIONS INC	$31.66	N/A	N/A	395.75x	N/A	7.26x	5.34x	N/A	$3.38M	0.28%	$228.95M	6.02	$1.13B	84.19
IT	GARTNER INC	$428.64	$73.08	486.56%	42.31x	40.06x	5.62x	46.33x	8.58x	$1.08B	3.20%	$718.17M	9.17	$34.99B	24.77
NRDY	NERDY INC	$2.66	N/A	N/A	-6.49x	-3.75x	1.34x	8.81x	N/A	-$14.45M	-5.60%	$52.48M	0.54	$387.26M	-10.56
ROG	ROGERS CORP	$118.33	N/A	N/A	32.42x	N/A	2.51x	1.75x	N/A	$113.28M	5.13%	$1.26B	67.53	$2.11B	14.38
FICO	FAIR ISAAC CORP	$1,193.01	$269.06	343.41%	61.62x	N/A	18.46x	-40.07x	2.57x	$467.18M	1.58%	-$735.66M	-29.64	$31.41B	43.20
GTLB	GITLAB INC	$54.54	N/A	N/A	-19.83x	N/A	14.51x	15.13x	N/A	$33.44M	0.40%	$571.17M	3.70	$8.35B	-54.38
SWI	SOLARWINDS CORP	$11.70	$6.04	93.74%	195.00x	14.27x	2.56x	1.53x	0.72x	$196.53M	10.03%	$1.29B	7.68	$2.93B	12.17
AAOI	APPLIED OPTOELECTRONICS INC	$11.07	N/A	N/A	-6.33x	N/A	1.62x	1.98x	N/A	-$22.10M	-6.25%	$214.87M	6.73	$491.04M	-18.75
EB	EVENTBRITE INC	$5.51	N/A	N/A	-30.61x	-16.21x	1.63x	2.91x	N/A	-$644.00k	-0.11%	$184.12M	1.86	$317.22M	23.39
DOCU	DOCUSIGN INC	$59.80	N/A	N/A	166.11x	186.88x	4.42x	10.87x	N/A	$887.14M	7.27%	$1.13B	5.54	$11.63B	53.62
ALOT	ASTRONOVA INC	$17.66	N/A	N/A	28.03x	N/A	0.88x	1.51x	N/A	$11.48M	8.77%	$90.28M	12.18	$154.42M	11.85
GPRO	GOPRO INC	$1.92	N/A	N/A	-5.49x	2.59x	0.29x	0.52x	N/A	-$34.38M	-11.67%	$555.85M	3.63	$193.76M	-3.60
SWVL	SWVL HOLDINGS CORP	$11.29	N/A	N/A	25.09x	N/A	3.36x	8.56x	N/A	-$9.12M	-11.90%	$8.95M	1.32	$75.42M	19.35
AMPG	AMPLITECH GROUP INC	$2.26	N/A	N/A	-8.69x	N/A	1.40x	0.82x	N/A	-$4.44M	-20.35%	$26.68M	2.76	$19.08M	-13.78
SNX	TD SYNNEX CORP	$117.61	N/A	N/A	17.07x	N/A	0.18x	1.27x	N/A	$1.74B	16.84%	$8.10B	92.18	$13.29B	8.90
GRRR	GORILLA TECHNOLOGY GROUP INC	$5.64	N/A	N/A	N/A	N/A	0.63x	0.64x	N/A	N/A	N/A	$63.60M	8.87	$60.30M	N/A
MYSZ	MY SIZE INC	$4.18	N/A	N/A	-0.21x	0.70x	0.19x	0.56x	N/A	-$6.11M	-458.66%	$4.74M	14.85	$1.09M	-0.17
LSAK	LESAKA TECHNOLOGIES INC	$4.56	N/A	N/A	-11.12x	N/A	0.52x	1.57x	N/A	-$2.61M	-0.92%	$180.72M	2.90	$397.90M	-128.48
CWAN	CLEARWATER ANALYTICS HOLDINGS INC	$17.67	N/A	N/A	-220.88x	110.44x	9.76x	12.04x	N/A	$81.36M	2.16%	$360.67M	1.69	$4.23B	-1,687.50
DAVE	DAVE INC	$45.14	N/A	N/A	-11.09x	-70.53x	2.08x	6.35x	N/A	$25.17M	4.67%	$87.06M	7.30	$690.68M	-22.21
INTC	INTEL CORP	$30.90	N/A	N/A	32.19x	166.40x	2.37x	1.24x	N/A	-$12.27B	-9.36%	$105.97B	24.98	$177.07B	17.00
MAXN	MAXEON SOLAR TECHNOLOGIES LTD	$2.36	N/A	N/A	-0.66x	-2.29x	0.09x	0.73x	N/A	-$201.25M	-174.28%	$169.85M	3.47	$351.59M	-10.77
KVHI	KVH INDUSTRIES INC	$4.99	N/A	N/A	-6.16x	55.44x	0.72x	0.67x	N/A	-$8.10M	-8.50%	$147.37M	7.70	$87.81M	-52.74
TDC	TERADATA CORP	$37.24	$28.52	30.57%	60.06x	19.30x	2.03x	26.87x	0.52x	$355.00M	9.55%	$135.00M	1.35	$3.78B	14.38
EXFY	EXPENSIFY INC	$1.66	N/A	N/A	-3.32x	N/A	0.91x	1.40x	N/A	-$5.74M	-4.22%	$100.74M	1.22	$123.49M	-4.51
INFN	INFINERA CORP	$5.24	N/A	N/A	-524.00x	20.96x	0.73x	6.69x	N/A	-$79.91M	-6.68%	$181.23M	0.80	$1.81B	15.07
SNOW	SNOWFLAKE INC	$159.32	N/A	N/A	-62.48x	-109.88x	18.62x	10.28x	N/A	$778.90M	1.49%	$5.18B	15.79	$51.77B	-76.75
SPRU	SPRUCE POWER HOLDING CORP	$4.53	N/A	N/A	-1.27x	N/A	1.04x	0.39x	N/A	-$27.86M	-33.44%	$212.34M	11.55	$535.62M	-231.97
QH	QUHUO LTD	$0.57	N/A	N/A	6.90x	N/A	0.01x	0.05x	N/A	-$18.00M	-565.45%	$70.01M	12.61	$11.70M	2.56
BL	BLACKLINE INC	$60.91	N/A	N/A	70.01x	N/A	6.28x	14.36x	N/A	$99.02M	2.67%	$260.88M	4.29	$4.89B	41.86
CYBR	CYBERARK SOFTWARE LTD	$227.32	N/A	N/A	-366.65x	-95.11x	11.88x	11.52x	N/A	$113.98M	1.18%	$836.95M	19.73	$9.78B	-168.88
CALX	CALIX INC	$29.56	N/A	N/A	98.53x	N/A	1.90x	2.61x	N/A	$45.88M	2.37%	$742.69M	11.37	$1.86B	60.06
VHC	VIRNETX HOLDING CORP	$5.19	N/A	N/A	-0.67x	N/A	2,595.00x	0.34x	N/A	-$24.84M	-133.72%	$56.01M	15.65	-$7.18M	0.26
CLRO	CLEARONE INC	$1.05	N/A	N/A	-52.50x	N/A	1.34x	0.56x	N/A	$54.25M	215.62%	$44.69M	1.87	$8.00M	4.57
QUIK	QUICKLOGIC CORP	$13.92	N/A	N/A	-696.00x	-154.67x	8.83x	11.85x	N/A	-$1.49M	-0.80%	$16.90M	1.26	$197.92M	88.95
INTA	INTAPP INC	$31.00	N/A	N/A	-38.75x	-30.69x	5.57x	6.03x	N/A	$29.64M	1.35%	$371.66M	5.27	$2.09B	-60.53
SLAB	SILICON LABORATORIES INC	$122.37	N/A	N/A	-37.19x	28.26x	6.08x	3.35x	N/A	-$105.54M	-2.70%	$1.17B	36.53	$3.72B	-49.74
DGII	DIGI INTERNATIONAL INC	$25.73	N/A	N/A	64.33x	N/A	2.13x	1.70x	N/A	$58.81M	6.30%	$549.63M	15.14	$1.10B	15.71
CRDO	CREDO TECHNOLOGY GROUP HOLDING LTD	$17.18	N/A	N/A	-74.70x	26.03x	16.44x	5.25x	N/A	$386.00k	0.01%	$533.97M	3.40	$2.72B	-125.67
EBON	EBANG INTERNATIONAL HOLDINGS INC	$8.04	N/A	N/A	-1.37x	N/A	10.39x	0.19x	N/A	-$12.64M	-25.05%	$279.84M	44.60	-$182.43M	5.62
USIO	USIO INC	$1.51	N/A	N/A	-75.50x	N/A	0.37x	2.64x	N/A	$14.08M	46.36%	$15.07M	0.75	$34.13M	17.93
API	AGORA INC	$2.59	N/A	N/A	-2.94x	-5.08x	1.82x	0.39x	N/A	-$25.24M	-9.77%	$604.75M	6.07	$217.11M	-2.88
OSS	ONE STOP SYSTEMS INC	$2.89	N/A	N/A	-9.03x	N/A	0.99x	1.51x	N/A	-$1.26M	-2.08%	$39.58M	1.90	$60.01M	-13.06
ADEA	ADEIA INC	$9.93	N/A	N/A	15.76x	N/A	2.72x	2.99x	N/A	$148.94M	14.08%	$356.62M	3.35	$1.61B	6.76
VERX	VERTEX INC	$29.26	N/A	N/A	-325.11x	731.50x	7.76x	17.85x	N/A	$6.10M	0.14%	$252.98M	1.67	$4.49B	75.48
PCOR	PROCORE TECHNOLOGIES INC	$68.14	N/A	N/A	-70.25x	-53.23x	9.85x	8.35x	N/A	$85.40M	0.86%	$1.19B	8.21	$9.62B	-210.10
CPTN	CEPTON INC	$3.05	N/A	N/A	-0.99x	-0.98x	3.68x	-1.27x	N/A	-$36.78M	-76.43%	-$38.37M	-2.43	$7.46M	-0.15
TENB	TENABLE HOLDINGS INC	$44.60	N/A	N/A	-65.59x	-4,460.00x	6.44x	15.21x	N/A	$141.10M	2.74%	$346.34M	3.00	$5.44B	-608.03
SSTI	SOUNDTHINKING INC	$13.48	N/A	N/A	-61.27x	N/A	1.81x	2.31x	N/A	$5.90M	3.52%	$74.76M	6.02	$173.66M	18.93
BILL	BILL HOLDINGS INC	$56.58	N/A	N/A	-52.39x	-26.69x	5.03x	1.51x	N/A	$218.68M	3.65%	$3.95B	37.31	$6.28B	-2,591.77
BKSY	BLACKSKY TECHNOLOGY INC	$1.26	N/A	N/A	-3.15x	N/A	1.95x	1.98x	N/A	-$61.11M	-33.17%	$93.16M	0.64	$237.40M	547.00

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.