5 Best Cheap Tech Stocks to Buy According to Mario Gabelli

3. IntriCon Corporation (NASDAQ: IIN)

Number of hedge fund holders: 3

IntriCon Corporation (NASDAQ: IIN) is a Minnesota-based company that makes micro-miniature components for the telecommunications, electronics, computer, and medical equipment industries. It was founded in 1930 and is placed third on our list of 10 best cheap tech stocks to buy according to Mario Gabelli. The company stock has returned more than 57% to investors over the course of the past twelve months. GAMCO Investors owns 497,000 shares in the firm worth over $12.7 million, representing 0.11% of their portfolio. 

IntriCon Corporation (NASDAQ: IIN) reported quarterly earnings on May 10, posting earnings per share of $0.26 for the first three months of 2021, beating market predictions by $0.26. The revenue over the period was more than $31 million, up 47% year-on-year. 

Out of the hedge funds being tracked by Insider Monkey, New York-based firm Royce & Associates is a leading shareholder in IntriCon Corporation (NASDAQ: IIN) with 1 million shares worth more than $26 million.