In this article, we will discuss the 10 Best Performing New Tech Stocks to Buy Right Now.
On April 13, Dan Skelly, Head of Market Research & Strategy at Morgan Stanley Wealth Management, appeared on CNBC’s ‘Squawk Box’ to discuss markets ahead of earnings season. Skelly observed that the market is gaining conviction in the idea that the White House follows a strategy of escalating tensions to eventually achieve de-escalation. While acknowledging the severity of the conflict in the Strait of Hormuz and the resulting high oil prices, Skelly emphasized that when one zooms out, the primary story in the US remains a productivity boom driven by innovation and technology. He noted that while day-to-day challenges occur, the underlying narrative is one of strong earnings, which usually dictates stock market performance. He argued that $100 oil does not immediately translate into lower earnings and that the current accessibility of digital tools and platforms challenges traditional playbooks.
Regarding market technicals, Skelly pointed out that market multiples have dropped 18% since the previous fall. Absent a major economic recession, which Morgan Stanley does not foresee, he viewed the current environment as a broad opportunity. He credited his colleague Mike for correctly predicting a manageable drawdown, noting that the market recently underwent a 9% peak-to-trough correction. Skelly believes that the market has bottomed and, while he does not rule out a retest of those lows, he finds it difficult to imagine new information that would be draconian enough to sink it further, given that the known motive of current policy is to reach a ceasefire. Finally, Skelly emphasized that AI is the most significant long-term story, far superseding previous concerns like tariffs.
Our Methodology
We used screeners to identify new tech stocks that have gone public in the last 5 years and have exhibited strong share price performance over the past 6 months (over 50%), and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Note: All data was sourced on April 15.
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. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10 Best Performing New Tech Stocks to Buy Right Now
10. Arteris Inc. (NASDAQ:AIP)
Arteris Inc. (NASDAQ:AIP) is one of the best performing new tech stocks to buy right now. On March 24, Arteris announced that Renesas has licensed and deployed its FlexNoC network-on-chip/NoC interconnect IP for the next-generation R-Car Gen 5 SoC series. This technology serves as the critical communication backbone for the R-Car X5H SoC, which is designed for advanced driver-assistance systems/ADAS and highly automated driving.
By using Arteris’ interconnect IP, Renesas is able to manage high-speed data movement between AI acceleration engines, GPUs, and CPU clusters, supporting the complex processing required for autonomous vehicle sensors like radar and lidar. The R-Car X5H SoC, developed on a 3nm process, delivers up to 400 TOPS of AI performance and can scale even further through UCIe-based chiplet extensions.
The integration of Arteris Inc. FlexNoC IP helps the system achieve a 30% to 35% reduction in power consumption compared to previous generations, which extends vehicle range and lowers cooling costs. Furthermore, the interconnect technology includes advanced resilience features that enable the SoCs to meet rigorous ISO 26262 ASIL D functional safety standards.
Arteris Inc. is a California-based provider of semiconductor system intellectual property solutions. The company also offers professional & licensing services, IP support & maintenance, and on-site support services.
9. Perpetuals.com Ltd. (NASDAQ:PDC)
Perpetuals.com Ltd. (NASDAQ:PDC) is one of the best performing new tech stocks to buy right now. On April 09, Perpetuals.com announced a strategic initiative to deploy a next-generation agentic AI infrastructure platform tailored for the fintech and digital assets industry. As part of this launch, the company secured an exclusive worldwide license for Forgentiq.ai, which is a proprietary on-premises quantitative research platform.
This system is designed to allow hedge funds, proprietary trading firms, and digital asset managers to use advanced LLMs and autonomous AI agents within their own secure environments, ensuring that sensitive trading data and intellectual property remain under their full control. The Forgentiq.ai platform utilizes an agentic AI architecture where specialized digital assistants perform high-speed research tasks, such as analyzing market microstructure, on-chain transactions, and cross-asset correlations.
By offering an on-premises deployment model, Perpetuals.com addresses a critical market gap for firms that are hesitant to use centralized cloud-based AI due to data sovereignty and security concerns. CEO Patrick Gruhn noted that this approach provides an ‘execution advantage’ by allowing funds to extract signals from noise faster while maintaining institutional-grade regulatory compliance.
Perpetuals.com Ltd. is a software application company that combines blockchain infrastructure and AI to transform digital asset trading. The company was known as Earlyworks Co. Ltd. until January 2026.
8. Toyo Co. Ltd. (NASDAQ:TOYO)
Toyo Co. Ltd. (NASDAQ:TOYO) is one of the best performing new tech stocks to buy right now. On March 31, Toyo announced the appointment of solar industry veteran Rhone Resch as its first Chief Strategy Officer. Reporting directly to the CEO, Resch is tasked with leading the company’s global growth strategy, with a focus on expanding its manufacturing footprint and accelerating its presence in the US.
His role will involve navigating complex regulatory environments and strengthening partnerships across the solar value chain to position Toyo as a leading provider of high-performance energy solutions. Resch brings over 20 years of experience to the company, having previously served as President and CEO of the Solar Energy Industries Association/SEIA from 2004 to 2016. During his tenure at SEIA, he was instrumental in the growth of the modern US solar industry through federal and state advocacy.
Beyond his policy expertise, Resch has a background in founding and leading solar companies, focusing on technology commercialization and capital formation in competitive global markets. In his new capacity at Toyo Co. Ltd., Resch will collaborate with the executive team to refine the company’s long-term strategy, including supply-chain development and the integration of upstream and downstream production stages.
Toyo Co. Ltd. is a Japan‑based solar technology company that designs, manufactures, and sells silicon wafers, solar cells, and photovoltaic modules, serving global renewable energy markets with vertically integrated clean energy solutions.
7. Clear Secure Inc. (NYSE:YOU)
Clear Secure Inc. (NYSE:YOU) is one of the best performing new tech stocks to buy right now. On April 13, Clear Secure and Snappt released a case study detailing the integration of Clear Secure’s identity verification technology into Snappt’s Applicant Trust Platform for the multifamily housing industry. The partnership aims to combat the rise of rental application fraud, which is reported by over 93% of multifamily owners and managers.
By combining Clear Secure’s biometric identity checks with Snappt’s financial qualification validation, the collaboration provides property operators with a more comprehensive view of applicants while maintaining a fast, renter-friendly experience. In the first six months of the partnership, the integration helped identify over 5,400 fraudulent applications and prevented over $10 million in potential bad debt.
For applicants, the verification process is designed for speed; returning Clear Secure Inc. users can confirm their identity with a selfie, while new users typically complete setup in under 90 seconds. The Clear Secure system uses a multi-layered approach that corroborates biometrics, documents, and device signals against verified data sources to ensure high-assurance identity verification. This collaboration follows Clear Secure’s previous security partnership with Docusign and reflects a broader commitment to strengthening identity infrastructure across various industries.
Clear Secure Inc. runs a secure identity platform under the CLEAR brand name in the US. It offers a secure identity platform with a multi-layered infrastructure that includes both the front-end (enrollment, verification, and linking) and the back-end.
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. 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.
5. GigaCloud Technology Inc. (NASDAQ:GCT)
GigaCloud Technology Inc. (NASDAQ:GCT) is one of the best performing new tech stocks to buy right now. On March 20, GigaCloud announced a new marketplace initiative with the Otto Group, one of the largest e-commerce and retail enterprises in Europe. This collaboration is designed to expand the variety of large parcel merchandise available on Otto’s platform by introducing select sellers and furniture brands from GigaCloud’s global supplier network.
The move uses GigaCloud’s B2B ecommerce technology to provide structured access to high-quality products for European consumers. Iman Schrock, President of GigaCloud, stated that the initiative aligns with the company’s channel-agnostic strategy and reinforces its position as a provider of marketplace solutions. By connecting global supply with established selling platforms like Otto, GigaCloud Technology Inc. enables its suppliers to efficiently tap into localized demand.
The partnership focuses on using GigaCloud’s infrastructure to facilitate growth while maintaining the service standards expected by Otto’s customer base. Robert Schlichter, Vice President of Marketplace at Otto Group, expressed satisfaction with the collaboration, noting that it supports the expansion of their marketplace assortment. He highlighted that GigaCloud’s infrastructure and supplier network provide a reliable pathway for bringing high-quality products to their platform.
GigaCloud Technology Inc. is a software infrastructure company that provides end-to-end B2B ecommerce solutions for large parcel merchandise. The company offers GigaCloud Marketplace that integrates product discovery to payments and logistics tools into one easy-to-use platform.
4. New Era Energy & Digital Inc. (NASDAQ:NUAI)
New Era Energy & Digital Inc. (NASDAQ:NUAI) is one of the best performing new tech stocks to buy right now. On April 14, New Era announced a significant balance sheet transformation through a series of financing milestones totaling $140 million in immediate funding. The company closed a public equity offering that raised $115 million, which included the full exercise of a $15 million underwriters’ option. Additionally, New Era secured an initial $20 million tranche of a $290 million senior secured term loan facility from Macquarie, alongside a direct $5 million equity investment from the firm at ~$5 per share.
These funds provide a clear capital pathway for the development of the company’s flagship project, Texas Critical Data Centers LLC/TCDC, located in Ector County, Texas. New Era intends to use the equity proceeds to repay all outstanding borrowings under a convertible promissory note with SharonAI Holdings, effectively eliminating existing liens and simplifying its capital structure. The credit facility from Macquarie will support the procurement of long-lead equipment and ongoing site development, with up to an additional $270 million in potential future availability for TCDC.
This financial strengthening is complemented by a non-binding letter of intent with Stream Data Centers and ongoing support from Macquarie, reflecting institutional alignment with New Era Energy & Digital Inc.’s (NASDAQ:NUAI) infrastructure goals. According to Joshua Stevens of Macquarie, the TCDC project is positioned for near-term development to address the rising demand for high-performance AI computing infrastructure.
New Era Energy & Digital Inc. is a company that operates next-gen digital infrastructure and integrated power assets for AI hyperscalers. The company was known as New Era Helium until August 2025.
3. Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU)
Xanadu Quantum Technologies Ltd. (NASDAQ:XNDU) is one of the best performing new tech stocks to buy right now. On April 09, Xanadu Quantum Technologies announced its financial and operational results for Q4 2025. Following its March 2026 public listing via a business combination with Crane Harbor Acquisition Corp., the company added $302 million in gross proceeds to its balance sheet. Financial highlights for the full year 2025 included a 188% revenue increase to $4.6 million, driven by an expanded customer base and a major services contract, though net loss widened to $70.7 million due to increased R&D and transaction-related costs.
Technical milestones in 2025 included the introduction of Aurora, the first modular and networked photonic quantum computer, and the peer-reviewed demonstration of 12 logical GKP qubits with real-time error correction. Xanadu achieved a 60% reduction in optical loss during the year and saw a 161% growth in monthly downloads for its PennyLane software platform. These advancements support the company’s long-term roadmap to deliver fault-tolerant operations by 2028 and up to 500 logical qubits by 2030, using semiconductor-compatible manufacturing techniques.
The company also secured government and strategic support, advancing to Stage B of DARPA’s Quantum Benchmarking Initiative to unlock $15 million and joining Canada’s Quantum Champions Program for up to CAD $23 million. In early 2026, Xanadu Quantum Technologies Ltd. entered negotiations for CAD $390 million from the Canadian and Ontario governments for Project OPTIMISM to establish domestic manufacturing infrastructure.
Xanadu Quantum Technologies Ltd. is a photonic quantum computing company that specializes in photonic quantum computing hardware & software platforms for quantum programming & simulation. The company serves professional clients and advanced users in R&D.
2. Ryde Group Ltd. (NYSEAMERICAN:RYDE)
Ryde Group Ltd. (NYSEAMERICAN:RYDE) is one of the best performing new tech stocks to buy right now. On April 14, Ryde Group announced its strategic expansion into the Hong Kong mobility market. This move serves as a significant milestone in the Singapore-based company’s regional growth strategy. To establish its presence, Ryde plans to acquire up to 50 Hong Kong taxi licenses and deploy 50 EVs, creating a scalable and capital-efficient operating base within the high-demand urban environment.
The expansion aims to introduce a technology-enabled service that integrates licensed taxi operations with EV deployment to support lower-emission transportation. By entering Hong Kong, Ryde intends to diversify its geographic exposure and unlock new revenue streams beyond Singapore. The company seeks to use its proprietary platform and operational expertise to adapt to local regulations while increasing platform utilization and strengthening network effects.
James Tan, Chief Product Officer of Ryde Group Ltd., noted that the entry into Hong Kong addresses a consistent demand for sustainable and efficient mobility solutions. The strategy focuses on establishing a reliable operating base before pursuing disciplined scaling to deliver long-term shareholder value. This initiative underscores Ryde’s goal of building a regional mobility ecosystem by combining platform technology with targeted asset deployment in key gateway cities.
Ryde Group Ltd. is a Singaporean technology company that provides services pertaining to mobility and quick commerce solutions. The company also operates a digital payments solution called RydePay.
1. Syntec Optics Holdings Inc. (NASDAQ:OPTX)
Syntec Optics Holdings Inc. (NASDAQ:OPTX) is one of the best performing new tech stocks to buy right now. On March 31, Syntec Optics reported financial results for Q4 2025, where the company achieved a gross margin of 24%, nearly doubling from previous periods, while gross profit rose to $1.8 million. These gains, alongside a 30% sequential reduction in SG&A expenses to $1.5 million, resulted in Adjusted EBITDA increasing to $0.9 million. These financial improvements were realized on net sales of $7.5 million, marking an 8% sequential increase.
For the full year 2025, Syntec Optics saw its gross margin rise to 23.3% and gross profit increase to $6.5 million. Despite a slight decrease in annual net sales to $28.1 million, the company reduced SG&A expenses by $1.2 million and grew Adjusted EBITDA by 36% to $3.0 million. The loss per share improved to $0.05, and cash provided by operations reached $0.7 million. Operational successes included enhanced yields in LEO satellite and night vision optics, expanded night shift staffing for scalable production, and the progression of multiple programs from design into initial production.
For 2026, Syntec Optics Holdings Inc. anticipates growth driven by the ramp-up of next-generation communications, space, and AI data center products, alongside defense program expansion. While Q1 2026 net sales are expected to fall below the $7.5 million seen in Q4 2025, Q2 sales are projected to exceed that figure. The start of the year featured record space optics production and the launch of the AI data center and defense tech product lines, with additional defense contracts expected to contribute further revenue starting in Q2.
Syntec Optics Holdings Inc. is an electronic components company that deals in integrated optics and photonics components, sub-systems, and optical systems for a range of consumer end-markets, as well as defense and medical sectors.
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