5 Best Affordable Tech Stocks To Buy According to Analysts

In this article, we will be taking a look at the 5 best affordable tech stocks to buy according to analysts. To read our detailed analysis of the tech sector, you can go directly to see the 13 Best Affordable Tech Stocks To Buy According to Analysts.

5. Rimini Street, Inc. (NASDAQ:RMNI)

Number of Hedge Fund Holders: 15

Upside Potential: 42.9%

Share Price: $3.2

P/E ratio: 10.8

Rimini Street, Inc. (NASDAQ:RMNI) is an application software company based in Las Vegas, Nevada. It offers enterprise software products, services, and support.

There were 15 hedge funds long Rimini Street, Inc. (NASDAQ:RMNI) in the fourth quarter, with a total stake value of $88.2 million.

Diamond Hill Capital said this about Rimini Street, Inc. (NASDAQ:RMNI) in its third-quarter 2023 investor letter:

“Other bottom contributors in Q3 included Rimini Street, Inc. (NASDAQ:RMNI), Lancaster Colony Corporation and Allegiant Travel Company. Shares of IT services company Rimini Street declined following a litigation ruling in Oracle’s favor, which has increased uncertainty about the company’s brand reputation among prospects and clients. We will observe closely how this unfolds over the coming quarters.”