5 Best Low Priced Technology Stocks to Buy According to Hedge Funds

In this article, we will list the 5 Best Low Priced Technology Stocks to Buy According to Hedge Funds. Please visit 9 Best Low Priced Technology Stocks to Buy According to Hedge Funds to see the extended list and the methodology behind it.

5. Fidelity National Information Services Inc. (NYSE:FIS)

Number of Hedge Fund Holders: 57

Fidelity National Information Services Inc. (NYSE:FIS) is one of the best low priced technology stocks to buy according to hedge funds. On May 12, FIS announced that its Supply Chain Finance Platform, formerly known as Demica, was selected by Glencore PLC to power an inaugural $2.55 billion trade receivables securitization program for its oil and gas commodity business. This facility, backed by a consortium of six leading financial institutions, stands as one of the largest oil and gas trade receivables transactions ever executed.

Glencore used the platform to provide the necessary technology infrastructure, operational support, and complex reporting for the multi-jurisdictional transaction. Securely hosted on Microsoft Azure, the platform allows corporates to monetize large pools of receivables to unlock working capital. It features seamless onboarding across multiple counterparties, automated regulatory reporting, and a scalable infrastructure capable of managing a diversified portfolio of global trade receivables.

By offering real-time monitoring and transparent performance reporting, the platform provides all involved stakeholders with comprehensive visibility into the receivables. This integration demonstrates the platform’s capacity to handle sophisticated financial structures, enabling global enterprises to optimize the movement of capital, secure liquidity, and confidently execute cross-border programs.

Fidelity National Information Services Inc. (NYSE:FIS) provides banking and capital markets solutions for financial institutions and businesses.