In this article, we will discuss the 10 Hot Tech Stocks to Buy According to Analysts.
On June 1, Ruchir Sharma, Rockefeller International Chairman and Breakout Capital Founder & CIO, joined CNBC’s ‘Squawk Box’ to discuss cracks in the foundation of the current market highs, state of the AI boom, and fears of an AI bubble. While proponents argue that current market conditions differ from the dotcom bubble because contemporary companies are profitable, Sharma presented a different perspective based on three key factors.
First, Sharma explained that the current environment is mathematically linked to the government running a fiscal deficit of 6% of GDP. He noted that high corporate savings are a mirror image of this deficit, effectively acting as an income transfer from the public to the private sector that artificially boosts corporate profits.
Second, he argued that the dotcom boom is often remembered unfairly; at that time, earnings growth for the tech sector was quite similar to what is seen today, as companies were actively making investments. Third, he highlighted that funding structures have shifted significantly. In the past, companies relied on public markets and IPOs for funding.
Today, massive funding occurs in private markets, allowing loss-making companies to remain private for much longer before entering public markets, a category that includes entities like OpenAI, Anthropic, and SpaceX.
Our Methodology
We used screeners to identify tech stocks that have gained at least 60% over the past 6 months and had an average upside potential of at least 25%. We then 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 June 5.
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. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10 Hot Tech Stocks to Buy According to Analysts
10. nLIGHT Inc. (NASDAQ:LASR)
Average Upside Potential: 27.56%
nLIGHT Inc. (NASDAQ:LASR) is one of the hot tech stocks to buy according to analysts. On May 7, nLIGHT launched HADES, a new family of high-energy laser effectors designed for modern directed energy weapon systems. Built on the company’s vertically integrated manufacturing and beam-combination technology, the scalable portfolio provides mission-ready capabilities for land, sea, air, and space domains.
The HADES architecture features integrated atmospheric correction and coherent beam combination to deliver superior lethality, beam brightness, and reliability. The 70kW-class system, the first in the family, is currently available to enhance air and missile defense missions, including counter-UAS and C-RAM operations.
Engineered for rapid deployment and operational scale, HADES offers a cost-effective, deep-magazine alternative to traditional kinetic interceptors. This launch underscores nLIGHT Inc.’s (NASDAQ:LASR) commitment to advancing layered defense strategies, providing a production-ready roadmap that scales from tens of kilowatts to future multi-hundred-kilowatt and megawatt applications.
nLIGHT Inc. (NASDAQ:LASR) provides semiconductor and fiber lasers for aerospace and defense, microfabrication, and industrial applications. The company operates through the Laser Products and Advanced Development segments.
9. Silvaco Group Inc. (NASDAQ:SVCO)
Average Upside Potential: 28.32%
Silvaco Group Inc. (NASDAQ:SVCO) is one of the hot tech stocks to buy according to analysts. On May 19, Silvaco announced the immediate availability of its Mixel MIPI C-PHY/D-PHY Combo Universal IP on TSMC’s N2P process. This new solution is the industry’s first to support MIPI D-PHY v3.6 with embedded clock mode/ECM, offering significant improvements in power efficiency, area, and EMI performance.
The combo IP is specifically optimized for space-constrained applications like AR glasses and wearables. By leveraging the latest MIPI specifications, it achieves high data throughput with 25% fewer wires than standard solutions, allowing for tighter integration within ultra-compact form factors without sacrificing signal performance.
This release reflects Silvaco’s continued commitment to providing high-performance IP on leading-edge semiconductor nodes. With a design optimized for low power, low leakage, and minimal heat dissipation, the solution offers a robust, silicon-proven connectivity option for developers targeting next-generation mobile, automotive, and high-performance computing markets.
Silvaco Group Inc. (NASDAQ:SVCO) provides AI-enabled TCAD, EDA, and SIP solutions for global semiconductor design. Its software enables digital twin modeling and process optimization across diverse markets, including automotive, 5G/6G, and HPC.
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