5 Most Undervalued Tech Stocks To Buy According To Hedge Funds

3. Concentrix Corporation (NASDAQ:CNXC)

Number of Hedge Fund Investors In Q2 2023: 28

Latest P/E Ratio: 10.19

Concentrix Corporation (NASDAQ:CNXC) is a software company that enables businesses to manage their customer experiences. The firm is currently expanding its global portfolio, by acquiring firms in India and France.

By the end of this year’s second quarter, 28 out of the 910 hedge funds polled by Insider Monkey had invested in Concentrix Corporation (NASDAQ:CNXC). Out of these, Lauren Taylor Wolfe’s Impactive Capital is the biggest shareholder, owning 2.5 million shares that are worth $201 million.

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