10 Best Performing Tech Stocks According to Hedge Funds

3. Nextracker Inc. (NASDAQ:NXT)

6-month performance: 62.87%

Number of Hedge Fund Holders: 41

Nextracker Inc. (NASDAQ:NXT) is one of the Best Performing Tech Stocks According to Hedge Funds. On June 25, Nextracker Inc. (NASDAQ:NXT) announced that its NX Horizon solar trackers have been selected to be used in Europe’s Oricheio PPC Ptolemaida project.

The project is recognized as one of the largest projects in Greece, powering more than 550 MW. Once the project is completed, it will power nearly 1.8% of Greece’s electricity needs each year. The project aligns with Greece’s updated goal to have 82% of its electricity come from renewables by 2030. Moreover, Wood Mackenzie reported that Nextracker Inc. (NASDAQ:NXT) is now a leader in the European Market share with over 130 GW solar trackers shipped worldwide.

Nextracker Inc. (NASDAQ:NXT) provides intelligent, integrated solar tracker and software solutions for utility-scale and distributed solar power projects.