In this article, we will look at the 13 Most Promising New Technology Stocks to Buy According to Hedge Funds.
On September 27, Jose Rasco, chief investment officer of Americas, joined CNBC for an interview. He noted that the first wave of AI was much like the dot-com era back in the 1990s. However, he sees the next wave, which we are entering now, as the key driver of the future rally of the market. He views the AI trade as part of a broader tech and economic transformation that will eventually lead to a wider market rally, beyond just the narrow group of leading tech stocks.
Rasco acknowledged that much of the AI optimism, such as Nvidia’s huge investment in OpenAI, and other such recent announcements, may already be priced in the market. He noted that the recent sell-off with some of the tech names is simply the market recalibrating from a growth-heavy rally toward a broader base. Rasco believes that this broadening out of the rally will include names that have been forgotten but are well-positioned to benefit from AI adoption and deliver earnings growth in late 2025.
Rascoe also highlighted the importance of a resilient economy to sustain the rally, noting the Federal Reserve’s recent start to an easing cycle supported by cooling labor markets and moderating inflation trends. He views the strong inflows of foreign direct investment into the US as a positive factor, despite potential challenges from too many dollars chasing limited goods.
With that, let’s take a look at the 13 Most Promising New Technology Stocks to Buy According to Hedge Funds.
Our Methodology
To curate the list of 13 Most Promising New Technology Stocks to Buy According to Hedge Funds, we used the Finviz Stock Screener and Insider Monkey’s Q2 2025 database. Using the screener, we aggregate a list of stocks that have had their IPO in the past 3 years, sorted by market capitalization. Next, we ranked these stocks in ascending order of the number of hedge fund holders.
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).
13 Most Promising New Technology Stocks to Buy According to Hedge Funds
13. Pony AI Inc. (NASDAQ:PONY)
Number of Hedge Fund Holders: 19
Pony AI Inc. (NASDAQ:PONY) is one of the Most Promising New Technology Stocks to Buy According to Hedge Funds. On September 20, Pony AI Inc. (NASDAQ:PONY) announced its entry into the Singapore Market by partnering with ComfortDelGro. ComfortDelGro is one of Singapore’s largest transportation service providers.
As part of this partnership, the companies will launch autonomous vehicle services in the Punggol area. This initiative supports Singapore’s plan to integrate autonomous vehicles with existing transport, like taxis, private cars, and the subway. It also addresses driver shortages, especially during off-peak hours.
Both companies first partnered in July 2024, signing a Memorandum of Understanding. They ran a successful pilot program in Guangzhou in March 2025, leading to the launch of the service, which is expected to start after regulatory approvals in a few months.
Pony AI Inc. (NASDAQ:PONY) specializes in autonomous driving technology. The company operates three main businesses, including robotaxi services, robotruck services, and licensing smart driving solutions.
12. SailPoint, Inc. (NASDAQ:SAIL)
Number of Hedge Fund Holders: 27
SailPoint, Inc. (NASDAQ:SAIL) is one of the Most Promising New Technology Stocks to Buy According to Hedge Funds. On September 15, Meta Marshall from Morgan Stanley maintained a Buy rating on SailPoint, Inc. (NASDAQ:SAIL) with a price target of $25.
The analyst noted that the company showed strong Q2 results with its total annual recurring revenue reaching $982 million, reflecting a 28% increase year-over-year. The company also delivered strong operating margins of 20%.
Marshall highlighted that although the Q3 guidance is conservative, he sees the potential for annual recurring revenue to pick up again. He noted the company’s Agentic Identity Security and real-time authorization features are expected to attract investor interest.
SailPoint, Inc. (NASDAQ:SAIL) provides identity security solutions for enterprises. It unifies identity data across employees, contractors, machines, and AI agents.
