10 Best Tech Stocks to Buy Under $20

3. Freshworks Inc. (NASDAQ:FRSH)

Price: $14.19

Analyst Upside Potential: 33.90% 

Number of Hedge Fund Holders: 41

Freshworks Inc. (NASDAQ:FRSH) is one of the Best Tech Stocks to Buy Under $20. On July 22, Freshworks Inc. (NASDAQ:FRSH) announced that it has become the official partner of the McLaren Formula 1 Team after signing a multi-year partnership with McLaren Racing.

As part of this agreement, McLaren has started using the company’s IT services management tools called FreshService, which is an AI-powered solution. These services will allow McLaren to handle IT service requests more efficiently, especially during the intense race season when the team is working from different locations worldwide.

The main goal of this partnership is to simplify and speed up IT services for McLaren. Moreover, Freshworks Inc.’s (NASDAQ:FRSH) brand will appear on McLaren’s cars and team kits starting with the Belgian Grand Prix and throughout the season and beyond.

Freshworks Inc. (NASDAQ:FRSH) provides cloud-based, AI-powered software solutions that improve customer and employee experiences.