11 Oversold Tech Stocks to Buy According to Hedge Funds

Page 9 of 9

1. Fiserv, Inc. (NYSE:FI)

RSI: 30.69

Number of Hedge Fund Holders: 80

Fiserv, Inc. (NYSE:FI) provides payment solutions and technology like digital banking platforms, card issuing and processing, merchant acquiring, and point-of-sale systems, primarily for banking and fintech clients. The company’s key products include Clover, a point-of-sale platform for small businesses, and Carat, an omnichannel commerce solution for large enterprises.

Fiserv, Inc. (NYSE:FI) reported a strong start to 2025 with total company organic revenue growth of 7%, adjusted EPS up 14% YoY, and adjusted operating margin expanding by 200 basis points. The company maintained its full year 2025 guidance of 10-12% organic revenue growth and 15-17% adjusted EPS growth, despite anticipating slower growth in the first quarter. The quarter was marked by several strategic acquisitions, all aimed at expanding the company’s global footprint and capabilities.

Fiserv, Inc. (NYSE:FI) demonstrated strong momentum in key strategic initiatives, with Clover revenue growing 27% and expanding to 13 countries, while adding 33 new financial institutions as merchant partners in Q1. The merchant referral partnerships now include 40 of the top 100 financial institutions, with several large opportunities in the pipeline. The company also made progress in its embedded finance capabilities and launched new products, including the upcoming Clover Hospitality solution for upper-market restaurants. Management expressed confidence in the company’s positioning, noting that amid market disruption, clients are increasingly turning to Fiserv for its scale, stability, and technical prowess.

Overall FI ranks first on our list of oversold tech stocks to buy according to hedge funds. While we acknowledge the potential of FI to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT:  20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9