5 Most Undervalued Tech Stocks To Buy According To Hedge Funds

Page 1 of 5

In this piece, we will take a look at the five most undervalued technology stocks to buy according to hedge funds. If you want to learn about the recent developments in the industry, then check out 15 Most Undervalued Tech Stocks To Buy According To Hedge Funds.

5. Amkor Technology, Inc. (NASDAQ:AMKR)

Number of Hedge Fund Investors In Q2 2023: 26

Latest P/E Ratio: 10.9

Amkor Technology, Inc. (NASDAQ:AMKR) is a backend semiconductor company that enables chip firms to test and certify their products. The firm’s second quarter earnings might provide a breath of fresh air for the industry moving forward, as its revenue growth shows that backend demand from chip companies is improving, indicating that the glut that has plagued the industry as of late might be resolving.

Insider Monkey’s Q2 2023 survey of 910 hedge funds revealed that 26 had invested in Amkor Technology, Inc. (NASDAQ:AMKR). Stephen White’s SW Investment Management is the firm’s biggest hedge fund shareholder since it owns a $63.9 million stake.

Follow Amkor Technology Inc. (NASDAQ:AMKR)



Page 1 of 5