5 Best Affordable Tech Stocks to Invest In Now

2. Infosys Limited (NYSE: INFY)

Price as of May 12, 2021: $17.84 per share
Number of Hedge Fund Holders: 23

Infosys Limited (NYSE: INFY) is a technology company that offers technology, consulting, outsourcing, and next-generation digital services to companies worldwide. Infosys Limited (NYSE: INFY) has operations and subsidiaries in North America, Europe, India, and other countries worldwide. In the fourth quarter, Infosys (NYSE:INFY) posted an EPS of $0.16, in-line with the estimates. Revenue in the quarter jumped 13% on a year-over-year basis and beat the Street by $90 million.

Infosys has announced that it has been selected by ArcelorMittal, world-leading steel and mining company, to implement the company’s digital strategy and accelerate the digital transformation journey. Infosys will power ArcelorMittal’s next-generation application management and business process management (BPM) services in Europe through the partnership.