10 Best Young Tech Stocks to Buy

7. Ralliant Corporation (NYSE:RAL)

Market Capitalization: $5.70 billion

Number of Hedge Fund Holders: 45

Ralliant Corporation (NYSE:RAL) is one of the Best Young Tech Stocks to Buy. On December 15, Ian Zaffino from Oppenheimer reiterated a Buy rating on Ralliant Corporation (NYSE:RAL) and raised the price target from $55 to $60. Earlier, on December 12, Truist Financial initiated the stock with a Buy rating and $62 price target.

Zaffino of Oppenheimer noted the company’s fiscal Q3 2025 performance and its long-term potential as the main factors behind the company’s bullish rating, which comes after roughly six months of its spin-off from FTV. The analyst pointed to three main growth areas, including defense technologies, grid modernization, and electrification. He added that the defense sector is set to benefit from a backlog roughly twice annual revenues, offering high visibility through launch and flight safety systems and 12 key military programs.

Regarding grid modernization, the analyst finds this sector to be a secular tailwind for Ralliant Corporation (NYSE:RAL), supported by significant opportunities emerging to support utilities and OEMs in power generation, transmission, and distribution.

On the other hand, Truist Financial also likes the company’s strong position in key growth markets and highlighted the company’s proven playbook as key factors driving the bullish sentiment. The firm sees the company as attractively priced compared to its peers and also noted the “compelling combination of cyclical and stable/high-margin businesses,” it provides.

Ralliant Corporation (NYSE:RAL) is a global provider of precision technologies, designing and manufacturing high-quality instruments and engineered products.