5 Best Tech Stocks to Buy Right Now Under $10

4. Nokia Corporation (NYSE: NOK)

Number of Hedge Fund Holders: 19
Price as of May 6, 2021: $4.87 per share 

Nokia Corporation (NYSE: NOK) is a Finland-based technology company that has stakes in the telecommunications, information technology, and consumer electronics businesses. It was founded in 1865 and is placed fourth on our list of 10 best tech stocks to buy right now under $10. Nokia stock has returned more than 36% to investors over the past year. The company has shifted focus in recent years away from mobile phone manufacturing to the fast-growing 5G technology infrastructure and equipment. 

On April 29, Nokia Corporation (NYSE: NOK) stock soared more than 17% as the firm reported earnings for the first quarter of 2021. The company reported that sales for the network infrastructure section of Nokia were up 28% year-on-year to $1.7 billion. 

At the end of the fourth quarter of 2020, 19 hedge funds in the database of Insider Monkey held stakes worth $186 million in the firm, down from 21 in the preceding quarter worth $173 million.