On September 24, Gil Luria, D.A. Davidson managing director, joined ‘Fast Money’ on CNBC to discuss concerns about value destruction. Luria believes that big tech reaps real returns while others face risks. As several new AI partnerships emerge, the question that comes up is that at what point the companies involved in these deals should be subjected to actual scrutiny regarding what the partnerships mean for their value. Luria stated that scrutiny should begin right now, and distinguished between real companies and marginal players in the AI trade. The real companies, such as the MAG7, have real customers and extremely favorable economics: their cost of capital is likely around 5%, and they are likely earning a 20% return on that capital, which is value-creating.
In contrast, he categorized incremental players as having to borrow at 10% or 12% and only generating mid-single-digit returns. He concluded that this is the equivalent of buying treasuries on margin, which is value-destructive and where the focus should be. He explained that the market began with a core AI trade dominated by players in the MAG7, which have captured most of the value. However, the trade then expanded to these marginal players, which are now trading at higher multiples. In Luria’s view, it doesn’t make any sense for these marginal players to command higher multiples than the real companies building AI.
That being said, we’re here with a list of the 12 oversold tech stocks to invest in.
Our Methodology
We sifted through the Finviz stock screener to compile a list of stocks that have declined by about 15% over the past 6 months. We then selected the 12 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q2 2025.
Note: All data was sourced on September 29.
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. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
12 Oversold Tech Stocks to Invest in
12. Maris-Tech Ltd. (NASDAQ:MTEK)
Decline Over the Past 6 Months: 22.29%
Number of Hedge Fund Holders: 2
Maris-Tech Ltd. (NASDAQ:MTEK) is one of the oversold tech stocks to invest in. On September 29, Maris-Tech announced the launch of a new product called Peridot Night. Peridot Night is an advanced thermal and day camera solution designed for situational awareness and terrain dominance to enhance visibility, safety, and operational decision-making.
It is a ruggedized, AI-driven edge computing platform specifically for military and homeland security/HL applications. The solution is suitable for various ground, aerial, and maritime platforms, as well as fixed locations. Powered by Maris’ Jupiter-AI edge computing platform, Peridot Night integrates three thermal cameras and one full-HD day camera.
The setup provides seamless 90-degree panoramic video streams for horizontal view. Key capabilities include AI-based threat detection and local recording, which deliver real-time intelligence to defense and HLS operators in challenging environments. It can be mounted on various assets, including armored fighting vehicles, unmanned systems, and maritime platforms. When four units are installed together, Peridot Night achieves full 360-degree situational awareness.
Maris-Tech Ltd. (NASDAQ:MTEK) designs, develops, manufactures, and sells digital video and audio products and services.
11. Zenvia Inc. (NASDAQ:ZENV)
Decline Over the Past 6 Months: 23.16%
Number of Hedge Fund Holders: 3
Zenvia Inc. (NASDAQ:ZENV) is one of the oversold tech stocks to invest in. On September 15, Zenvia announced the election of Piero Rosatelli as its new Chief Financial Office/CFO and Investor Relations Officer/IRO. Rosatelli succeeds Shay Chor in the roles of CFO and IRO. Chor served the company for 4 years and has been assisting Rosatelli to ensure an orderly transition of responsibilities, and will continue to consult Zenvia’s Audit Committee.
Before this appointment, Rosatelli resigned from his position as a Zenvia Board Member. His professional background is extensive; he was one of the managing partners of Oria Capital and started his career in technology investments 16 years ago, having led more than 40 tech deals to date. He also has experience in investment banking and strategic and financial planning at the retailer C&A.
Rosatelli holds a bachelor’s degree in business administration and an MBA from Insper. He currently serves as a board member for Tolife and Interplayers Soluções Integradas and previously served on the board of Argo Solutions. For investor relations inquiries, Rosatelli and Fernanda Rosa can be contacted at ir@zenvia.com.
Zenvia Inc. (NASDAQ:ZENV) develops a cloud-based platform that enables organizations to integrate various communication capabilities internationally. It operates in the SaaS and Communications Platform as a Service segments.
Hedge Fund Resource Center