10 Best Low Priced Technology Stocks to Invest In

In this article, we will look at the 10 Best Low Priced Technology Stocks to Invest In.

Since late March, US stocks have surged roughly 17%, with the S&P 500 notching fresh records almost daily. This rally, which David Rosenberg, founder and chief strategist of Rosenberg Research, described as having materialized out of thin air, was led by a cluster of technology giants. Rosenberg said in a May 13 interview that investors are betting that the artificial intelligence boom that is largely responsible for the rally is still in its early innings, that oil prices will soon ease, and that the economy will keep growing at a healthy pace.

However, Rosenberg stated that he is not sure about the AI boom. He warned that the massive capital spending fueling the AI trade will eventually come with a cost. “I’m hamstrung by the ebullience and enthusiasm that has suddenly reemerged,” he said of the current run on Wall Street. Rather than calling himself outright bearish, Rosenberg described his stance as cautious, citing what he sees as excessive valuations across the broader market.

That caution partly explains why Chris Galipeau, senior market strategist at the Franklin Templeton Institute, reiterated the firm’s “broadening” call in a July 3 newsletter. Galipeau urged investors to look beyond mega-cap technology names and instead focus on small- and mid-cap stocks. The reason he gave was that there is a mounting concentration of retail risk-taking. Galipeau cited a Citadel Securities analysis, which found that retail investors traded roughly $1.9 billion of semiconductor options premium a day in June, which is six times the historical average. Roughly three-quarters of that activity was concentrated in call options, which is a level of speculative positioning Citadel linked to today’s historically narrow market leadership.

In other words, mega-cap tech valuations are too stretched, and signs are there that Wall Street is looking to broaden its bets beyond the sector’s biggest names. This environment could make lower-priced technology stocks more attractive because they may offer a way to stay invested in the space without paying up for its most crowded winners. This article identifies 10 such stocks worth considering.

everything possible/Shutterstock.com

Our Methodology

For our methodology, we screened for Technology stocks priced below $50, based on the last close price as of July 7, and filtered for names with analyst upside of at least 15% as of July 7. From this universe, we selected the 10 stocks with the most recent news and developments and ranked them in ascending order of the number of hedge funds holding each stock as of Q1 2026, according to Insider Monkey’s database.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).

Best Low Priced Technology Stocks to Invest In

10. Ingram Micro Holding Corporation (NYSE:INGM)

Number of Hedge Fund Holders: 29

Stock Upside: 25.62%

Stock Price: $26.27

Ingram Micro Holding Corporation (NYSE:INGM) is one of the best low priced technology stocks to invest in. On June 23, Morgan Stanley raised its price target on Ingram Micro Holding Corporation (NYSE:INGM) to $33 from $27.50, keeping its Equal Weight rating unchanged. This call was part of a wider note lifting forecasts across the enterprise server industry.

Erik Woodring led the note and stated that the bank was raising its 2026 total addressable market forecast for the server industry to $809 billion, which implies an 82% year over year growth. The analyst cited enterprise compute demand, which has held up better than expected despite steep price increases.

However, Woodring said they are not yet ready to call a multi-year enterprise server renaissance. He instead noted that Wall Street’s earnings estimates for compute-related companies look too conservative for both 2026 and 2027, which prompted them to raise earnings-per-share forecasts by an average of 3% to 5% across six companies in the space, including Ingram Micro.

Woodring’s note described enterprise server demand as more resistant to price hikes than expected. This resistance, the analyst noted, is driven by ongoing compute shortages, hardware refresh cycles, and rising AI infrastructure needs across businesses.

Despite the optimism, the note flagged a risk to the overall trend where it warned that the pace of spending increases on on-premises computing infrastructure is becoming difficult to sustain. This surfaces uncertainty about how long the current growth cycle can continue beyond 2027.

Ingram Micro Holding Corporation (NYSE:INGM) is an information technology distributor. It distributes IT products, cloud services, and other solutions in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America.

9. Applied Digital Corporation (NASDAQ:APLD)

Number of Hedge Fund Holders: 39

Stock Upside: 122.39%

Stock Price: $33.50

Applied Digital Corporation (NASDAQ:APLD) is one of the best low priced technology stocks to invest in. On July 2, Compass Point reiterated its Buy rating and $70 price target on Applied Digital Corporation (NASDAQ:APLD). The call was the firm’s reaction to Applied Digital completing an on-time expansion at its North Dakota data center campus.

The milestone in focus was Applied Digital’s Ready for Service achievement for Phase 1 of Building 2 at its Polaris Forge 1 campus in Ellendale, North Dakota. Applied Digital announced the milestone on July 1. This delivery added 75 megawatts of operational AI computing capacity and lifted the campus’s total live capacity to 175 megawatts, up from 100 megawatts previously.

Compass Point highlighted that the buildout stayed on schedule and framed the achievement as proof of Applied Digital’s ability to repeatedly convert power capacity into working AI infrastructure on time. To the analysts, this is a key concern for investors given the complexity of large-scale data center construction. The analysts also pointed out that the facility’s six data halls are expected to power up in phases through July, August, and September, which should support revenue growth in the upcoming August and November fiscal quarters.

Compass Point also noted that Applied Digital’s shares recently traded around $35, which was below closing prices following three recent lease announcements in April, May, and June. The analysts stated that those three leases bumped up Applied Digital’s total contracted base-term revenue to nearly $36 billion from approximately $16 billion.

Applied Digital Corporation (NASDAQ:APLD) is a digital infrastructure company. It designs, develops, and operates data center solutions for high-performance computing and artificial intelligence industries in North America.

8. Viavi Solutions Inc. (NASDAQ:VIAV)

Number of Hedge Fund Holders: 44

Stock Upside: 53.23%

Stock Price: $42.42

Viavi Solutions Inc. (NASDAQ:VIAV) is one of the best low priced technology stocks to invest in. On June 23, VIAVI Solutions Inc. (NASDAQ:VIAV) launched what it called the industry’s first Ultra Ethernet Transport (UET) validation solution built for AI data center fabrics. UET is the latest capability of the company’s VIAVI TestCenter platform.

Viavi said that the new feature targets hyperscalers, cloud and neocloud providers, and network equipment makers operating within the broader Ultra Ethernet ecosystem. It gives them a way to generate and analyze AI network traffic before full-scale deployment, the company said in a press release.

The tool is GPU-free, meaning companies can test how their AI networks will perform without having to build out expensive physical GPU server farms just for validation purposes. This capability cuts both cost and complexity. It works by validating scale-out and scale-up AI back-end networks against the Ultra Ethernet Consortium’s UEC 1.0 standard. This standard is a newly introduced protocol designed to handle congestion control and allow Ethernet to scale for massive AI and high-performance computing workloads.

The UET validation solution recreates realistic AI traffic behavior at scale, including how data packets are delivered in order or out of order, how congestion is managed, how packets get trimmed, and how traffic dynamically reroutes across multiple paths. It can also fully emulate actual AI workloads such as the communication traffic generated when multiple processors coordinate tasks together, as well as the data flows produced by large language models. As such, it gives a realistic picture of how a network will behave once real AI applications run on it.

Viavi Solutions Inc. (NASDAQ:VIAV) is a network test, monitoring, and assurance company. It provides solutions for telecommunications, cloud, enterprise, military, aerospace, and critical infrastructure networks in the Americas, Asia-Pacific, Europe, the Middle East, and Africa.

7. Cipher Digital Inc. (NASDAQ:CIFR)

Number of Hedge Fund Holders: 49

Stock Upside: 38.06%

Stock Price: $21.73

Cipher Digital Inc. (NASDAQ:CIFR) is one of the best low priced technology stocks to invest in. On July 2, Rosenblatt Securities reiterated Buy ratings on Cipher Digital Inc. (NASDAQ:CIFR) and Galaxy Digital (NASDAQ:GLXY), saying the recent selloff across high-performance computing (HPC) stocks has made their valuations quite attractive.

Rosenblatt noted that the selloff picked up pace after Bloomberg reported on July 1 that Meta Platforms was building a cloud computing operation aimed at outside customers, including AI compute capacity and models. The news raised fears that Meta could turn from a customer into a competitor within the neocloud market, noted Rosenblatt.

The analysts pushed back against the panic; they described the market reaction as overdone and said Rosenblatt does not see the Meta news as a signal of weakening demand for AI infrastructure. They argued that Meta’s cloud ambitions looked like a company-specific move tied to justifying its own heavy spending, and not a broader shift away from existing hyperscaler contracts.

On Cipher specifically, Rosenblatt said the 13% drop in stock price widened what the analysts called a persistent valuation gap that they had already flagged before the selloff. They argued the pullback offered a cheaper entry point into the company’s shift from bitcoin mining toward AI hosting.

Cipher Digital Inc. (NASDAQ:CIFR) is a digital infrastructure company. It develops and operates industrial-scale data centers for bitcoin mining and high-performance compute hosting in the United States.

6. Cognizant Technology Solutions Corporation (NASDAQ:CTSH)

Number of Hedge Fund Holders: 50

Stock Upside: 69.20%

Stock Price: $41.37

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is one of the best low priced technology stocks to invest in. On July 2, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) announced it has joined the OpenAI Daybreak Cyber Partner Program and is now applying GPT-5.5 with Trusted Access for Cyber through its Frontier AI Cyber Defense services. The company aims to help enterprise clients move more quickly from spotting vulnerabilities to producing tested, verified fixes.

Daybreak is OpenAI’s initiative to bring its most advanced AI models into enterprise security work. OpenAI is an American AI research and development organization that is behind ChatGPT. The objective for Daybreak is to give trusted partners like Cognizant scoped access to capabilities built specifically for cyber defense.

According to Cognizant, its security professionals will use the technology to review code for security flaws, map potential threats, discover and confirm vulnerabilities, and build better threat detection systems. They will also use it to hunt for hidden threats, investigate incidents, and respond to them.

OpenAI’s Colleen Kapase, who leads strategic global partnerships and ecosystems, said Cognizant brings deep cybersecurity expertise and the scale needed to help enterprises adopt these AI capabilities responsibly.

Cognizant described the partnership as an early step in a longer-term collaboration. There are plans to keep expanding how frontier AI is used for cyber defense across more enterprise clients over time, the company detailed in the press release.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is a professional services company. It provides consulting, technology, and outsourcing services in North America, Europe, and internationally. The company operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology.

Click to continue reading and see the 5 Best Low Priced Technology Stocks to Invest In.

Disclosure: None. Follow Insider Monkey on Google News.