5 Best Tech Stocks To Buy On the Dip

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In this article, we discuss the 5 best tech stocks to buy on the dip. If you want to read our detailed analysis of these stocks, go directly to 12 Best Tech Stocks To Buy On the Dip

5. Tower Semiconductor Ltd. (NASDAQ:TSEM)

Number of Hedge Fund Holders: 31

Decline in Share Price YTD: 31%    

Tower Semiconductor Ltd. (NASDAQ:TSEM) focuses on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices. On November 14, investment advisory Craig-Hallum maintained a Buy rating on Tower Semiconductor Ltd. (NASDAQ:TSEM) stock and lowered the price target to $33 from $38. 

At the end of the third quarter of 2023, 31 hedge funds in the database of Insider Monkey held stakes worth $402 million in Tower Semiconductor Ltd. (NASDAQ:TSEM), compared to 38 in the preceding quarter worth $561 million. 

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