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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
LOGI
LOGITECH INTERNATIONAL SA
$12.23B1.48%37.70%$1.1692$1.1729%0
AGYS
AGILYSYS INC
$2.29BN/A0.00%N/AN/AN/AN/A
YMM
FULL TRUCK ALLIANCE CO LTD
$8.60BN/A0.00%N/AN/AN/AN/A
RMBS
RAMBUS INC
$6.09BN/A0.00%N/AN/AN/AN/A
HLIT
HARMONIC INC
$1.07BN/A0.00%N/AN/AN/AN/A
RDVT
RED VIOLET INC
$237.39MN/A0.00%N/AN/AN/AN/A
FSLR
FIRST SOLAR INC
$19.24BN/A0.00%N/AN/AN/AN/A
PRFT
PERFICIENT INC
$1.59BN/A0.00%N/AN/AN/AN/A
EXLS
EXLSERVICE HOLDINGS INC
$4.91BN/A0.00%N/AN/AN/AN/A
DLO
DLOCAL LTD
$4.22BN/A0.00%N/AN/AN/AN/A
ACLS
AXCELIS TECHNOLOGIES INC
$3.17BN/A0.00%N/AN/AN/AN/A
ANET
ARISTA NETWORKS INC
$78.53BN/A0.00%N/AN/AN/AN/A
YALA
YALLA GROUP LTD
$738.81MN/A0.00%N/AN/AN/AN/A
DV
DOUBLEVERIFY HOLDINGS INC
$5.22BN/A0.00%N/AN/AN/AN/A
ODD
ODDITY TECH LTD
$1.89BN/A0.00%N/AN/AN/AN/A
GCT
GIGACLOUD TECHNOLOGY INC
$1.51BN/A0.00%N/AN/AN/AN/A
EPAM
EPAM SYSTEMS INC
$14.33BN/A0.00%N/AN/AN/AN/A
OLED
UNIVERSAL DISPLAY CORP
$7.29B0.94%32.90%$0.4000$1.4517%0
ELTK
ELTEK LTD
$64.96M2.04%20.40%$0.2200$0.2241%0
ON
ON SEMICONDUCTOR CORP
$26.36BN/A0.00%N/AN/AN/AN/A
MSFT
MICROSOFT CORP
$3.03T0.70%25.10%$0.7500$2.8612%02024-05-152024-06-13
CSCO
CISCO SYSTEMS INC
$195.66B3.25%47.10%$0.4000$1.5758%02024-04-24
G
GENPACT LTD
$5.72B1.79%15.90%$0.1525$0.5736%0
ARRY
ARRAY TECHNOLOGIES INC
$1.81BN/A0.00%N/AN/AN/AN/A
ADI
ANALOG DEVICES INC
$94.19B1.84%61.10%$0.9200$3.5037%0
QCOM
QUALCOMM INC
$180.07B1.98%45.30%$0.8000$3.2040%02024-05-302024-06-20
FI
FISERV INC
$91.74BN/A0.00%N/AN/AN/AN/A
TER
TERADYNE INC
$15.29B0.45%15.50%$0.1200$0.457%0
UMC
UNITED MICROELECTRONICS CORP
$19.01B7.71%56.60%$0.5860$0.5989%3
HKD
AMTD DIGITAL INC
$597.31MN/A0.00%N/AN/AN/AN/A
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
$33.74B1.73%27.60%$0.3000$1.1734%0
CSIQ
CANADIAN SOLAR INC
$981.95MN/A0.00%N/AN/AN/AN/A
SSNC
SS&C TECHNOLOGIES HOLDINGS INC
$15.07B1.51%27.80%$0.2400$0.9230%0
GRMN
GARMIN LTD
$27.33B2.05%43.30%$0.7300$2.9241%02024-06-172024-06-28
SIMO
SILICON MOTION TECHNOLOGY CORP
$2.40B1.38%19.20%$0.5000$1.0027%02024-05-082024-05-23
PAYS
PAYSIGN INC
$236.77MN/A0.00%N/AN/AN/AN/A
LYTS
LSI INDUSTRIES INC
$422.10M1.38%21.30%$0.0500$0.2027%1
PLAB
PHOTRONICS INC
$1.71BN/A0.00%N/AN/AN/AN/A
ACMR
ACM RESEARCH INC
$1.67BN/A0.00%N/AN/AN/AN/A
DAVA
ENDAVA PLC
$1.77BN/A0.00%N/AN/AN/AN/A
DOX
AMDOCS LTD
$10.09B2.06%36.90%$0.4790$1.7841%02024-04-26
TSEM
TOWER SEMICONDUCTOR LTD
$3.52BN/A0.00%N/AN/AN/AN/A
MRAM
EVERSPIN TECHNOLOGIES INC
$156.43MN/A0.00%N/AN/AN/AN/A
MPTI
M-TRON INDUSTRIES INC
$71.41MN/A0.00%N/AN/AN/AN/A
PANW
PALO ALTO NETWORKS INC
$94.83BN/A0.00%N/AN/AN/AN/A
ITRN
ITURAN LOCATION & CONTROL LTD
$516.24M3.58%38.60%$0.3900$0.9363%5
JKS
JINKOSOLAR HOLDING CO LTD
$1.20B6.56%16.30%$1.5000$1.5086%0
RELL
RICHARDSON ELECTRONICS LTD
$147.21M2.33%80.00%$0.0600$0.2445%02024-05-092024-05-29
AUDC
AUDIOCODES LTD
$325.81M5.06%128.60%$0.1800$0.5479%1
IMXI
INTERNATIONAL MONEY EXPRESS INC
$738.40MN/A0.00%N/AN/AN/AN/A
CDW
CDW CORP
$32.27B1.01%29.50%$0.6200$2.4218%0
SWKS
SKYWORKS SOLUTIONS INC
$15.91B2.68%45.80%$0.6800$2.6651%1
CRUS
CIRRUS LOGIC INC
$4.54BN/A0.00%N/AN/AN/AN/A
IBEX
IBEX LTD
$235.82MN/A0.00%N/AN/AN/AN/A
FORM
FORMFACTOR INC
$3.21BN/A0.00%N/AN/AN/AN/A
TASK
TASKUS INC
$988.64MN/A0.00%N/AN/AN/AN/A
FTV
FORTIVE CORP
$28.36B0.37%12.20%$0.0800$0.305%02024-05-312024-06-28
LSCC
LATTICE SEMICONDUCTOR CORP
$9.35BN/A0.00%N/AN/AN/AN/A
KARO
KAROOOOO LTD
$846.98MN/A75.10%$0.6000N/AN/A0
PAGS
PAGSEGURO DIGITAL LTD
$3.91BN/A0.00%N/AN/AN/AN/A
ZI
ZOOMINFO TECHNOLOGIES INC
$6.01BN/A0.00%N/AN/AN/AN/A
KLIC
KULICKE & SOFFA INDUSTRIES INC
$2.60B1.69%84.60%$0.2000$0.7834%0
ADSK
AUTODESK INC
$46.62BN/A0.00%N/AN/AN/AN/A
AMSWA
AMERICAN SOFTWARE INC
$349.14M4.19%122.20%$0.1100$0.4471%02024-05-022024-05-17
AEHR
AEHR TEST SYSTEMS
$305.34MN/A0.00%N/AN/AN/AN/A
SCSC
SCANSOURCE INC
$1.12BN/A0.00%N/AN/AN/AN/A
KEYS
KEYSIGHT TECHNOLOGIES INC
$25.62BN/A0.00%N/AN/AN/AN/A
FFIV
F5 INC
$10.60BN/A0.00%N/AN/AN/AN/A
FTNT
FORTINET INC
$49.44BN/A0.00%N/AN/AN/AN/A
CRCT
CRICUT INC
$1.15BN/A400.00%N/AN/AN/AN/A
CIEN
CIENA CORP
$6.47BN/A0.00%N/AN/AN/AN/A
TAIT
TAITRON COMPONENTS INC
$19.03M6.33%64.50%$0.0500$0.2085%1
HPE
HEWLETT PACKARD ENTERPRISE CO
$21.88B2.97%33.10%$0.1300$0.5054%0
ZM
ZOOM VIDEO COMMUNICATIONS INC
$18.95BN/A0.00%N/AN/AN/AN/A
DSWL
DESWELL INDUSTRIES INC
$36.01M8.85%51.90%$0.1000$0.2091%2
ASGN
ASGN INC
$4.69BN/A0.00%N/AN/AN/AN/A
ALGM
ALLEGRO MICROSYSTEMS INC
$5.13BN/A0.00%N/AN/AN/AN/A
NVEC
NVE CORP
$381.02M5.07%89.90%$1.0000$4.0079%1
SPNS
SAPIENS INTERNATIONAL CORP N V
$1.71B1.76%45.10%$0.2800$0.5435%3
SPSC
SPS COMMERCE INC
$6.31BN/A0.00%N/AN/AN/AN/A
KSPI
JOINT STOCK CO KASPIKZ
$23.29BN/A0.00%N/AN/AN/AN/A
SANM
SANMINA CORP
$3.40BN/A0.00%N/AN/AN/AN/A
SMCI
SUPER MICRO COMPUTER INC
$42.61BN/A0.00%N/AN/AN/AN/A
WNS
WNS (HOLDINGS) LTD
$2.33BN/A0.00%N/AN/AN/AN/A
BELFA
BEL FUSE INC
$900.37M0.34%4.30%$0.0600$0.245%12024-05-01
GDYN
GRID DYNAMICS HOLDINGS INC
$791.65MN/A0.00%N/AN/AN/AN/A
AVGO
BROADCOM INC
$578.90B1.58%68.50%$5.2500$19.7032%0
PSN
PARSONS CORP
$8.39BN/A0.00%N/AN/AN/AN/A
NOW
SERVICENOW INC
$151.89BN/A0.00%N/AN/AN/AN/A
IBM
INTERNATIONAL BUSINESS MACHINES CORP
$167.02B3.64%80.60%$1.6600$6.6464%0
BMI
BADGER METER INC
$5.48B0.56%29.70%$0.2700$1.049%1
AMAT
APPLIED MATERIALS INC
$160.56B0.66%15.00%$0.3200$1.2811%02024-05-222024-06-13
SHLS
SHOALS TECHNOLOGIES GROUP INC
$1.44BN/A0.00%N/AN/AN/AN/A
TTD
TRADE DESK INC
$39.64BN/A0.00%N/AN/AN/AN/A
HPQ
HP INC
$27.14B3.89%30.70%$0.2756$1.0867%1
UI
UBIQUITI INC
$6.41B2.26%39.00%$0.6000$2.4044%0
DDOG
DATADOG INC
$41.96BN/A0.00%N/AN/AN/AN/A
BR
BROADRIDGE FINANCIAL SOLUTIONS INC
$23.07B1.60%52.50%$0.8000$3.1332%0
GLOB
GLOBANT SA
$7.79BN/A0.00%N/AN/AN/AN/A
CSGS
CSG SYSTEMS INTERNATIONAL INC
$1.46B2.30%50.70%$0.3000$1.1445%0

Tech Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
65+1.24%+0.22%-5.75%-18.10%17.70x2.68x+69.46%+9.30%+17.61%+21.70%Buy
38+4.06%-12.15%-17.93%+136.87%38.21x13.19x-28.27%+9.28%+17.66%+26.58%Buy
18+0.87%-0.98%-3.65%-6.72%23.98x20.42x+149.61%+28.21%+53.04%+25.51%Buy
44+1.48%-0.08%-3.71%+11.15%25.99x3.46x+21.06%+9.45%+14.35%+15.58%Buy
10+2.15%-4.38%+1.65%+34.60%13.15x1.34x+12.28%+3.94%+12.66%+3.17%Hold
66+1.09%+1.00%-4.06%+14.27%24.13x4.61x+25.50%+7.93%+16.27%+15.93%Buy
33+1.94%+2.23%-2.36%-0.12%-5.12x3.13x+9.35%+6.26%+9.13%+11.29%Buy
29+2.48%-6.71%-8.05%+45.68%38.18x11.16x+51.42%+18.24%+30.95%+15.39%Buy
69+2.37%-4.90%-8.71%+26.89%58.06x7.56x+51.95%+29.92%+33.74%+21.25%Strong Buy
251+2.10%+1.93%-7.61%+24.85%104.62x6.55x+7.24%+4.55%+7.36%+16.34%Buy
138+2.36%+1.05%-4.59%+14.09%79.01x11.76x-38.27%+15.30%+24.50%+19.69%Buy
23+2.57%+2.03%-0.86%-55.20%32.04x2.50x+11.82%+7.37%+11.16%+37.55%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. Logitech International Sa (NASDAQ:LOGI)


Logitech International Sa (NASDAQ:LOGI) is the top tech stock with a Zen Score of 71, which is 41 points higher than the tech sector average of 30. It passed 26 out of 38 due diligence checks and has strong fundamentals. Logitech International Sa has seen its stock return 37.67% 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 21.71% from Logitech International Sa's current stock price of $79.01.

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.

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 38 points higher than the tech sector average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Full Truck Alliance Co has seen its stock return 32.9% over the past year, overperforming other tech stocks by 14 percentage points.

Full Truck Alliance Co has an average 1 year price target of $6.00, a downside of -26.47% from Full Truck Alliance Co's current stock price of $8.16.

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. 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 0.57% over the past year, underperforming other tech stocks by -19 percentage points.

Agilysys has an average 1 year price target of $100.00, an upside of 19.23% from Agilysys's current stock price of $83.88.

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 4.47%. 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 160.94%, which is 156 percentage points higher than the tech sector average of 4.47%. 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 130.84%, which is 126 percentage points higher than the tech sector average of 4.47%.

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 up?

Tech stocks were up 2.13% in the last day, and down -0.97% over the last week. Bit Mining was the among the top gainers in the technology sector, gaining 27.78% yesterday.

Shares of crypto-related stocks are trading higher following the Bitcoin halving.

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 -22.83% in the past year. It has underperformed other stocks in the tech sector by -42 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 173.86% in the past year. It has overperformed other stocks in the tech sector by 155 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 -27.26% in the past year. It has underperformed other stocks in the tech sector by -46 percentage points.

Are tech stocks a good buy now?

40.44% of tech stocks rated by analysts are a buy right now. On average, analysts expect tech stocks to rise by 17.98% 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 58.88x.
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.