5 Best Low-Cost Tech Stocks to Buy Right Now

2. Dropbox, Inc. (NASDAQ:DBX)

Number of Hedge Fund Holders: 41
Share Price as of November 26: $24.34

Dropbox, Inc. (NASDAQ:DBX) is an American software company that provides file hosting services to its consumers. One of the best low-cost tech stocks to buy right now, Dropbox, Inc. (NASDAQ:DBX) gained 23.36% in the past year.

In the past two years, Dropbox, Inc. (NASDAQ:DBX) has beaten EPS and revenue estimates 100% of the time. Moreover, in the last three months, the company’s EPS estimates have experienced 8 upward revisions. Following the trend in Q3, Dropbox, Inc. (NASDAQ:DBX) posted an EPS of $0.37, beating the consensus by $0.02. The company’s revenue for the quarter also surpassed estimates by $5.48 million at $550.2 million.

Insider Monkey data for Q3 shows that the smart money is also taking interest in Dropbox, Inc. (NASDAQ:DBX) as 41 hedge funds tracked by Insider Monkey were bullish on the company, up from 39 in the previous quarter. These stakes have a consolidated value of $967.5 million.