10 Best Performing New Tech Stocks to Buy Right Now

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6. Tigo Energy Inc. (NASDAQ:TYGO)

Tigo Energy Inc. (NASDAQ:TYGO) is one of the best performing new tech stocks to buy right now. On April 15, Tigo Energy announced the launch of an Inverter Power Output Control/IPOC for its 3.8kW Tigo EI Inverter, specifically designed for smaller residential systems in the Midwest. This new capability allows installers to repower aging legacy systems (many of which are over a decade old) by adjusting AC output during commissioning to match original system ratings.

By maintaining these specifications, homeowners can avoid the significant costs and delays associated with re-permitting, service panel modifications, or utility interconnection constraints. The 3.8kW model expands Tigo’s existing lineup of IPOC-enabled inverters, which includes 7.6kW and 11.4kW versions. The smaller form factor and wide operating voltage range are intended to help installers efficiently service first-generation systems that are experiencing reliability issues.

Additionally, the inverter supports both standalone solar and solar-plus-storage configurations, providing a streamlined pathway for homeowners to add battery backup during the upgrade process using the Tigo EI App for configuration and verification. Tigo will showcase these residential repowering solutions at the Zonna Solar Conference in Berlin, Ohio, on April 21–22, 2026.

Tigo Energy Inc. (NASDAQ:TYGO) develops smart hardware and software for solar systems, including module-level power electronics, monitoring platforms, inverters, and battery storage products for residential, commercial, and utility-scale applications.

While we acknowledge the potential of TYGO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TYGO and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Performing New Tech Stocks to Buy Right Now.

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