In this article, we will discuss the 11 Best Up and Coming Tech Stocks to Buy Now.

On July 3, Ivana Delevska, founder and CIO of SPEAR Invest, shared her outlook on tech stocks, focusing on identifying investment opportunities within the technology sector as the market transitions from a focus on LLM training to agentic AI. Delevska explained that this shift requires different hardware, creating new opportunities. While the model-training era relied on one CPU connecting 16 GPUs, the agentic AI era utilizes a one-to-one ratio, driving massive demand for CPUs. Consequently, she highlighted AMD, Intel, and Arm as beneficiaries of this inflection point. She also identified networking (specifically copper, connecting components, and optical components) as a major opportunity area, noting that as the number of agents grows, the connectivity demand becomes effectively infinite. While she expressed interest in memory, she cautioned that the sector is highly cyclical and currently past its mid-cycle point.

Addressing the cybersecurity sector, Delevska argued that recent sell-offs were unjustified and that concerns regarding AI taking over security jobs were mispriced. She noted that with robot traffic now exceeding human traffic on the web, cybersecurity remains a high-potential area. On the topic of quantum computing, Delevska expressed excitement but maintained a cautious approach, noting that commercial applications have yet to scale. She considers companies like IonQ and Rigetti Computing as the primary players but emphasizes that the sector remains experimental, making it difficult to justify the risk-reward profile at this time.

Against this backdrop, lets take a look at some of the best up and coming tech stocks to buy.

Our Methodology

We used screeners to identify technology and tech-adjacent companies that became publicly traded or newly listed in the U.S. within the last five years, including IPOs, re-IPOs, and spin-offs. We 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 July 6. 

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).

11 Best Up and Coming Tech Stocks to Buy Now

11. M-tron Industries Inc. (NYSEAMERICAN:MPTI)

Number of Hedge Fund Holders: 13

M-tron Industries Inc. (NYSEAMERICAN:MPTI) is one of the best up and coming tech stocks to buy now. On June 30, M-tron announced that it secured $4 million in production contracts from a US Department of Defense contractor to support a next-generation electronic warfare/EW system. The order includes a variety of high-performance radio frequency components, such as high-power spectrum control solutions, which are critical for operations within the electromagnetic spectrum.

The program is expected to remain in production past 2030, marking a significant development for the company’s defense portfolio. This award reinforces Mtron’s established presence in the electronic warfare sector, where it provides specialized components for a wide range of defense applications, including radar, communication systems, drones, and space platforms.

Work for these contracts is scheduled to take place in Orlando, Florida, and will continue through 2027. Management highlighted that this partnership reflects the company’s strategic investments in EW-specific technologies and its ability to support the rigorous demands of defense procurement from the initial design phase through full-scale production.

M-tron Industries Inc. (NYSEAMERICAN:MPTI) designs and manufactures highly engineered frequency and spectrum control solutions. The company provides full lifecycle engineering support from design to production through its global facilities.

10. SailPoint Inc. (NASDAQ:SAIL)

Number of Hedge Fund Holders: 25

SailPoint Inc. (NASDAQ:SAIL) is one of the best up and coming tech stocks to buy now. On June 29, SailPoint announced the completion of its acquisition of Entro Security, a firm specializing in non-human identity/NHI and credential security. By integrating Entro’s technology with its own platform, SailPoint aims to provide a unified control plane for managing the lifecycles and security of all identities, whether human, machine, or autonomous AI agents.

The acquisition addresses the growing challenge of managing non-human identities, which now outnumber human ones in many organizations. While SailPoint Inc.’s (NASDAQ:SAIL) existing Agentic Fabric focuses on human accountability and broad governance, Entro provides granular visibility into developer environments, automatically discovering secrets, tokens, and certificates buried within codebases, CI/CD pipelines, and container registries.

This combined solution bridges the gap between high-level governance workflows and proactive runtime defense. Security teams can now leverage Entro’s NHIDR technology to monitor token behavior, detect anomalies, and intercept malicious AI activity in real time. The integration is available immediately, offering customers a comprehensive approach to mitigating risks associated with the expanding autonomous AI workforce.

SailPoint Inc. (NASDAQ:SAIL) provides an elaborate identity security platform for the enterprise, with its solutions allowing organizations to control, establish, and automate policies that allow them to attain regulatory compliance and define and maintain a robust security posture.

9. Kaspi.kz (NASDAQ:KSPI)

Number of Hedge Fund Holders: 27

Kaspi.kz (NASDAQ:KSPI) is one of the best up and coming tech stocks to buy now. On June 24, Kaspi.kz announced that it had received regulatory approval from Türkiye’s Banking Regulation and Supervision Agency to acquire the fully licensed Rabobank A.Ş. The transaction is expected to finalize in July 2026, pending the satisfaction of standard closing conditions.

This acquisition marks a strategic expansion into the Turkish market, allowing Kaspi.kz to leverage its expertise in payments, marketplace services, and fintech. CEO Mikheil Lomtadze noted that the move is a key milestone for the company’s development within Türkiye’s rapidly growing digital economy.

Following the completion of the deal, Joint Stock Company Kaspi.kz (NASDAQ:KSPI) plans to introduce its digital solutions to support local consumers and merchants. The company emphasized that this is an early stage in its efforts to participate in the future of commerce within the country.

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) provides payments, marketplace, and fintech solutions for consumers and merchants.