In this article, we will be looking at the 11 Best Tech Stocks Under $50 to Buy Now.
On March 16, Reuters reported that Wall Street closed higher on Monday, supported by strong gains in AI-related stocks. Shares of Meta Platforms, Inc. (NASDAQ:META) rose after a report that it is preparing for major layoffs, while oil prices moved lower amid ongoing uncertainty around the conflict in the Middle East.
Meta Platforms, Inc. (NASDAQ:META) gained 2.3% following news that the company plans to cut at least 200% of its workforce to offset costs linked to heavy investments in AI infrastructure and prepare for improving efficiency thanks to AI-assisted workers. NVIDIA Corporation (NASDAQ:NVDA) also rose 1.6% after CEO Jensen Huang announced new components at the company’s annual developer conference.
Crude prices saw a slight decline after the US said it would be “fine” for some Iranian, Indian, and Chinese ships to pass through the Strait of Hormuz. This news eased some concerns in the market.
Terry Sandven, chief equity strategist at US Bank Wealth Management in Minneapolis, said:
“You’ve got news that Iranian oil tankers are moving through, or are soon going to be moving through, the Strait of Hormuz, which is a positive for global economic stability.”
However, Sandven also noted that “the path forward is filled with twists and turns. … There’s lack of visibility when the conflict is likely to end.”
With this background in mind, let’s take a look at the 11 best tech stocks under $50 to buy now.
Stocks
Our Methodology
To compile our list of the 11 best tech stocks under $50 to buy now, we used the Finviz stock screener to find technology stocks with a share price of under $50 as of March 16, 2026. We sorted our results based on market capitalization and picked the 50 top stocks. Next, we focused on the top 11 stocks most favored by institutional investors. Data for the hedge fund sentiment surrounding each stock was taken from Insider Monkey’s Q4 2025 database of 1041 elite hedge funds. Finally, the 11 best tech stocks under $50 to buy now were ranked in ascending order based on the number of hedge funds holding stakes in them as of Q4 2025.
Why do we care about what hedge funds do? 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).
11 Best Tech Stocks Under $50 to Buy Now
11. Chime Financial, Inc. (NASDAQ:CHYM)
Chime Financial, Inc. (NASDAQ:CHYM) is one of the best tech stocks under $50 to buy now. On March 4, KeyBanc initiated coverage on Chime Financial, Inc. (NASDAQ:CHYM), giving the stock an Overweight rating and setting the price target at $30. The research firm based its price target on 5 times the company’s expected gross profit for fiscal year 2026.
KeyBanc analyst Alex Markgraff described Chime Financial, Inc. (NASDAQ:CHYM) as a leader in its category. The analyst noted that the company has significant room to grow its market share in the US retail banking sector. KeyBanc believes that the company’s differentiated tech stack could support strong product innovation and the company’s unit economics provide a solid base for model profitability.
The research firm also expects credit-related revenue to be a major growth driver for Chime Financial, Inc. (NASDAQ:CHYM). In addition, KeyBanc noted that liquidity products are essential for the population sector that the company serves. The firm added that the secured and short-term nature of the company’s credit portfolio makes KeyBanc comfortable even when the company’s credit business is in its early stages.
Chime Financial, Inc. (NASDAQ:CHYM) is an American financial technology company that provides a wide range of low-cost banking and payments products and services.
10. HP Inc. (NYSE:HPQ)
HP Inc. (NYSE:HPQ) is one of the best tech stocks under $50 to buy now. On March 2, HP Inc. (NYSE:HPQ) took part in the Morgan Stanley Technology, Media & Telecom Conference 2026, where CFO Karen Parkhill discussed the company’s strategy and how it is dealing with current challenges.
The company reported a strong Q1 2026, with revenue rising 7% and EPS coming in at the high end of the guidance. However, HP Inc. (NYSE:HPQ) is facing higher memory costs and weaker demand for units. To deal with this, the company is following a mitigation plan that includes securing supply and raising prices.
Additionally, HP Inc. (NYSE:HPQ) is focusing on long-term growth by investing in AI PCs, secure printers, and subscriptions. AI PCs made up 35% of shipments in the latest quarter, up from 30% and 25% in the previous quarters. This shows steady growth in this segment.
CFO Karen Parkhill also pointed out that the company’s AI-enabled cost savings program aims to deliver $1 billion in savings by fiscal year 2028, with $300 million expected in fiscal year 2026.
At the same time, Parkhill confirmed that HP Inc. (NYSE:HPQ) is currently searching for a new CEO and is looking for someone with experience in large, global, multi-segment businesses. Parkhill also noted that HP Inc. (NYSE:HPQ) has returned roughly $19 billion to shareholders over the past five years and is focused on delivering free cash flow and returning all of it to shareholders.
HP Inc. (NYSE:HPQ) is an American multinational technology company that is known for its AI-powered devices, software, subscriptions, and services that serve professionals and businesses.
