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12 Technology Stocks To Buy That Are Too Cheap To Ignore

In this piece, we will take a look at 12 technology stocks that are too cheap to ignore. For more stocks, head on over to 5 Technology Stocks To Buy That Are Too Cheap To Ignore.

Technology is the bedrock of today’s world. From airplanes to your daily shopping, every modern day convenience relies on technology. Ever since the semiconductor was invented in the late 1900s, these chips have not only reduced their sizes dramatically but have also made their way into every gadget out there. At the same time, they have also become the source of significant tension between the world’s two largest military powers, the United States and China.

While the U.S. and China rely on each other for trade, they are also at odds over chip production. America is the global leader in crucial technologies such as semiconductor design and testing, which lends it considerable leverage over the global economy. At the same time, the Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is the world’s biggest contract chip manufacturer, a firm that makes chips for other companies such as Intel Corporation (NASDAQ:INTC) and NVIDIA Corporation (NASDAQ:NVDA). As if this weren’t enough to cement TSMC’s importance in the global economy, the fact that most of its high end chipmaking facilities are located in Taiwan – a region that China claims is its territory – injects uncertainty into the global semiconductor supply chain since U.S. sanctions prohibit firms with ties to the Chinese military to procure advanced semiconductors with transistor sizes less than 7 nanometers.

This has caused the U.S. government to turn inwards and introduce incentives to spur domestic chip production. These incentives came in the form of the U.S. Chips Act which was introduced last year and promises billions of dollars in incentives to firms that set up chip manufacturing plants inside the U.S. and open research centers and other facilities as well. TSMC is also building a brand new chipmaking facility in Arizona, with Intel, who was at one point the leading company in the world in terms of technology, eager to regain the crown even as it battles inflation and an economic downturn.

Yet, even though chips power the technology industry, they are far from being the only avenues of interest in it. These days, one of the most popular topics in the industry is ChatGPT. The artificial intelligence powered chatbot which was first introduced last year has the ability to engage in conversation with humans and scan its vast data repository to provide information about a variety of topics. The latest version of ChatGPT, dubbed ChatGPT 4, is a dramatic leap from a simple speech assistant, as the AI is now able to use a camera to recognize and provide context to images. Additionally, ChatGPT’s maker OpenAI explains that GPT 4 is capable of generating up to 25,000 words of text, more than eight times of its predecessor’s 3,000 word limit. Its image recognition abilities enable it to predict that if strings holding a group of balloons were cut, the balloons would fly away.

However, at the same time, the tool’s popularity and capabilities are also being misused by criminals to engage in identity theft. According to a fresh report from the European Police (Europol), criminals are using ChatGPT to create convincing text for phishing scams, as they are able to mimic the writing patterns of ethnic groups or organizations.

ChatGPT is powered by products designed by NVIDIA – a firm whose graphics processing units (GPUs) have also fueled another technological disruption that shook the financial sector. Cryptocurrencies are mined with NVIDIA’s products, and the firm’s revenue also suffers when cryptocurrency prices drop as was the case last year. Yet, despite its products being popular with the miners, NVIDIA itself believes that using them for ChatGPT is more worthwhile, as the firm’s chief technology officer Mr. Michael Kagan shared in March 2023:

All this crypto stuff, it needed parallel processing, and [Nvidia] is the best, so people just programmed it to use for this purpose. They bought a lot of stuff, and then eventually it collapsed, because it doesn’t bring anything useful for society. AI does. . .With ChatGPT, everybody can now create his own machine, his own programme: you just tell it what to do, and it will. And if it doesn’t work the way you want it to, you tell it ‘I want something different’. . .I never believed that [crypto] is something that will do something good for humanity. You know, people do crazy things, but they buy your stuff, you sell them stuff. But you don’t redirect the company to support whatever it is.

Technology stocks were at the center of a massive financial bloodbath last year. High inflation and the effects of Russia- Ukraine war reduced consumers’ discretionary purchasing power and hit the top line profits of the technology companies. At the same time, the Federal Reserve embarked on an aggressive journey to increase interest rates, which made investing in the stock market less attractive than compared to stable sources of income such as bank accounts or bonds. However, 2023 has mostly been a great year for the technology companies, as those firms that saw significant share price drops last year, rebounded sharply at the start of this year, with some optimism building in Wall Street about inflation coming down and reducing the incentive for the Fed to raise interest rates.

Photo by Ruben Sukatendel on Unsplash

With these details in mind, let’s take a look at some cheap technology stocks, with the top three picks being Taoping Inc. (NASDAQ:TAOP), Arqit Quantum Inc. (NASDAQ:ARQQ), and CXApp Inc. (NASDAQ:CXAI).

Our Methodology

We started off our hunt for the cheapest technology stocks by looking at firms that have a price to earnings ratio of less than 10. Then, out of these, the top twelve were picked and are listed below.

Technology Stocks To Buy That Are Too Cheap To Ignore

12. Nokia Oyj (NYSE:NOK)

Latest P/E Ratio: 5.81

Nokia Oyj (NYSE:NOK) is one of the more famous technology companies in the world. While it initially sold smartphones, the firm is now known for providing communications technology products such as switches and baseband equipment to carriers.

As of Q4 2022, 17 of the 943 hedge funds part of Insider Monkey’s database had invested in Nokia Oyj (NYSE:NOK). The firm’s largest shareholder is Israel Englander’s Millennium Management which owns 128 million shares that are worth $27 million.

Nokia Oyj (NYSE:NOK) joins Arqit Quantum Inc. (NASDAQ:ARQQ), Taoping Inc. (NASDAQ:TAOP), and CXApp Inc. (NASDAQ:CXAI) as a great technology stock that’s also quite cheap.

11. Himax Technologies, Inc. (NASDAQ:HIMX)

Latest P/E Ratio: 5.64

Himax Technologies, Inc. (NASDAQ:HIMX) is a Taiwanese semiconductor firm headquartered in Tainan City, Taiwan. The firm designs and sells products such as display circuits, controllers, and power management devices.

By the end of last year’s fourth quarter, 11 of the 943 hedge funds polled by Insider Monkey had bought a stake in Himax Technologies, Inc. (NASDAQ:HIMX). Out of these, the firm’s largest hedge fund shareholder is Jonathan Guo’s Yiheng Capital which owns 5.1 million shares that are worth $31 million.

10. Koss Corporation (NASDAQ:KOSS)

Latest P/E Ratio: 4.77

Koss Corporation (NASDAQ:KOSS) is an American company that was set up in 1953 and is headquartered in Milwaukee, Wisconsin. The firm makes and sells audio products such as headphones, speakers, and headsets in several countries such as the U.S., Canada, Malaysia, and Sweden.

Two of the 943 hedge funds part of Insider Monkey’s Q4 2022 survey had invested in the company. Koss Corporation (NASDAQ:KOSS)’s largest investor is Israel Englander’s Millennium Management which owns 44.256 shares that are worth $216,000. Its low P/E ratio also makes it a great cheap technology stock.

9. Canaan Inc. (NASDAQ:CAN)

Latest P/E Ratio: 4.75

Canaan Inc. (NASDAQ:CAN) makes and sells cryptocurrency mining products such as miners using different processors and related accessories. The firm is also using its hardware to provide other companies with the ability to power their artificial intelligence solutions. It is headquartered in Beijing, China.

By the end of last year’s fourth quarter, four of the 943 hedge funds part of Insider Monkey’s database had bought the company’s shares. Canaan Inc. (NASDAQ:CAN)’s largest hedge fund investor is Douglas Harold Hart Polunin’s Polunin Capital which owns 1.3 million shares that are worth $2.8 million.

8. Arrow Electronics, Inc. (NYSE:ARW)

 Latest P/E Ratio: 5.38

Arrow Electronics, Inc. (NYSE:ARW) is an American firm based in Centennial, Colorado. The firm sells a variety of semiconductor products such as resistors, switches, capacitors, and memory products.

Insider Monkey’s Q4 2022 survey of 943 hedge funds revealed that 31 had held a stake in Arrow Electronics, Inc. (NYSE:ARW). Out of these, Cliff Asness’ AQR Capital Management is the firm’s largest shareholder. It owns two million shares that are worth $216 million.

7. Avnet, Inc. (NASDAQ:AVT)

 Latest P/E Ratio: 4.8

Avnet, Inc. (NASDAQ:AVT) is an American firm that is headquartered in Phoenix, Arizona. It serves as a distributor of different semiconductor products and provides design and other services to several industries such as aerospace, telecommunications, and car manufacturing to allow engineers to integrate chips into their products.

After looking at 943 hedge funds for last year’s fourth quarter, Insider Monkey found that 31 had bought Avnet, Inc. (NASDAQ:AVT)’s shares. The firm’s largest investor in our database is Richard S. Pzena’s Pzena Investment Management which owns 9.2 million shares that are worth $385 million.

6. Digihost Technology Inc. (NASDAQ:DGHI)

 Latest P/E Ratio: 4.72

Digihost Technology Inc. (NASDAQ:DGHI) is a Canadian firm based in Toronto, Canada. The firm is primarily a cryptocurrency miner with operations in America.

As of last year’s fourth quarter, only one of the 943 hedge funds part of Insider Monkey’s database had invested in Digihost Technology Inc. (NASDAQ:DGHI).

Taoping Inc. (NASDAQ:TAOP), Digihost Technology Inc. (NASDAQ:DGHI), Arqit Quantum Inc. (NASDAQ:ARQQ), and CXApp Inc. (NASDAQ:CXAI) are some top cheap technology stocks.

Click to continue reading and see 5 Technology Stocks To Buy That Are Too Cheap To Ignore.

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Disclosure: None. 12 Technology Stocks To Buy That Are Too Cheap To Ignore is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

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For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!