5 Oversold Tech Stocks to Buy Now

In this article, we will list the 5 Oversold Tech Stocks to Buy Now. Please visit 11 Oversold Tech Stocks to Buy Now to see the extended list and the methodology behind it.

5. CME Group Inc. (NASDAQ:CME)

Number of Hedge Fund Holders: 70

CME Group Inc. (NASDAQ:CME) is one of the oversold tech stocks to buy now. On June 11, CME Group announced the launch of new financially-settled Micro E-mini S&P 500 and Nasdaq-100 options, scheduled for June 29, pending regulatory review. These contracts are designed to be one-tenth the size of existing E-mini versions and feature daily Monday through Friday expiries. By utilizing financial settlement, the products aim to streamline operations by removing the need for physical futures delivery at expiration.

5 Oversold Tech Stocks to Buy Now

The move is a response to growing client demand for more precise and accessible risk management tools. According to CME Group Inc. (NASDAQ:CME), these new options complement its broader Micro E-mini suite, which has seen over 2.6 billion cumulative contracts traded since it was first introduced.

This expansion is intended to offer traders increased capital efficiency when managing US equity index exposure. The products will be listed on and subject to the rules of the CME exchange, providing a flexible addition to the company’s existing lineup of global derivatives and index products.

CME Group Inc. (NASDAQ:CME) is a fintech company that allows institutional participants to manage risk and trade futures, options, and indices across all major asset classes. The exchange offers highly regulated, cash-settled derivatives like Bitcoin and Ethereum futures and crypto-index products.

4. Intercontinental Exchange (NYSE:ICE)

Number of Hedge Fund Holders: 86

Intercontinental Exchange (NYSE:ICE) is one of the oversold tech stocks to buy now. On June 22, Intercontinental Exchange launched ICE GreenTrace, an environmental registry service that brings financial-grade infrastructure to the carbon credit market. The platform supports the full lifecycle of environmental instruments, including carbon credits and energy certificates, by utilizing the same technology that powers ICE’s global financial markets.

As the launch partner, the Environmental Resources Trust/ERT migrated its ACR and ART programs to the new platform. This transition involved moving over 437 million serialized credits and 40,000 files, marking a complex effort to modernize carbon market data and registry operations.

The service aims to scale carbon credits into an institutional asset class by providing participants with secure, regulatory-compliant infrastructure. By integrating these programs into Intercontinental Exchange’s (NYSE:ICE) digital network, the partnership seeks to meet the growing demands of global investors for transparency and operational efficiency in environmental markets.

Intercontinental Exchange (NYSE:ICE) is a fintech company that operates global financial and commodity markets, clearing houses, and mortgage technology infrastructure. It acts as a hub for raising capital, investing, and managing price risks.

3. Alibaba Group Holding Limited (NYSE:BABA)

Number of Hedge Fund Holders: 102

Alibaba Group Holding Limited (NYSE:BABA) is one of the oversold tech stocks to buy now. On June 2, Alibaba’s location-based platform, Amap, partnered with the Singapore Tourism Board to launch Singapore Street Stars, an AI-driven ranking system designed to help Chinese travelers discover local experiences. The initiative uses real user data to provide curated recommendations for attractions, dining, and shopping, aligning with a growing preference among Chinese tourists for independent, immersive travel.

The collaboration also marks the international debut of Amap’s Flying Street View, a 3D virtual panoramic feature. This tool allows users to explore immersive, interactive tours of popular landmarks (such as Gardens by the Bay and Sentosa Island) before they travel. The feature is intended to help visitors visually preview destinations and better plan their trips.

This partnership follows a year that saw 3.1 million Chinese visitors to Singapore, reflecting a continued demand for authentic, peer-recommended travel guidance. Both organizations aim to refine the visitor experience by offering increasingly tailored lists that cater to diverse travel styles, effectively bridging the gap between digital discovery and local exploration.

Alibaba Group Holding Limited (NYSE:BABA) operates as a technology infrastructure and marketing solutions provider. It operates both within China and internationally. The company was founded by Chung Tsai and Yun Ma in June 1999 and is headquartered in Causeway Bay, Hong Kong.

2. Boston Scientific Corporation (NYSE:BSX)

Number of Hedge Fund Holders: 106

Boston Scientific Corporation (NYSE:BSX) is one of the oversold tech stocks to buy now. On May 18, Boston Scientific invested $1.5 billion for a 34% equity stake in MiRus LLC, a company specializing in advanced biomaterials and medical implants. The deal includes an exclusive option for Boston Scientific to acquire MiRus’s proprietary TAVR system, which uses a nickel-free rhenium alloy. If specific clinical and regulatory milestones are met, Boston Scientific can complete a full acquisition of the TAVR business for $3 billion.

The SIEGEL TAVR system is currently undergoing the STAR pivotal trial to evaluate its safety and efficacy in treating severe aortic stenosis. The device features an open-cell frame design and is pre-mounted on a delivery sheath that is ~50% smaller than those currently available, aiming to reduce the risk of vascular injury.

This partnership is designed to support Boston Scientific Corporation’s (NYSE:BSX) interventional cardiology portfolio by providing a differentiated, less invasive treatment option. Should the option be exercised, the agreement also grants Boston Scientific future rights to acquire additional mitral and tricuspid valve assets from MiRus.

Boston Scientific Corporation (NYSE:BSX) is a medtech company,  incorporated in 1979, that specializes in medical devices for interventional medical specialties. The company’s segments include MedSurg and Cardiovascular.

1. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 115

Oracle Corporation (NYSE:ORCL) is one of the oversold tech stocks to buy now. On June 25, Oracle announced the third cohort of its Defense Ecosystem, adding 10 companies to a program designed to accelerate the deployment of mission-critical AI, cyber, and autonomous technologies for the US and allied nations. By connecting these emerging firms with Oracle’s distributed cloud and AI infrastructure, the initiative helps transition defense technologies from prototypes to real-world mission impact more securely and efficiently.

The new cohort includes companies focused on diverse tactical applications, ranging from biomimetic underwater robotics (Marlin Intelligence) and sensor-to-shooter interoperability (Tactiql) to privacy-focused secure communications (Unplugged). These members gain access to Oracle’s sovereign, government, and edge cloud environments, which are built to handle the demanding requirements of national security operations.

To further support these firms, Oracle Corporation (NYSE:ORCL) introduced new enablement initiatives through partnerships with Defence Holdings, Shield Reply, and Red Reply. These collaborations provide member companies with accelerated paths to customer engagement, specialized cloud readiness assessments, and technical support for deploying solutions in disconnected or mission-sensitive environments.

Oracle Corporation (NYSE:ORCL) provides information technology-related products and services to enterprises through its main business segments: Cloud and License, Hardware, and Services.

While we acknowledge the potential of ORCL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ORCL and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 8 Oversold Stocks to Buy Right Now and 10 Best Future Stocks to Buy and Hold for 10 Years.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

1281292 - 11759070 - 1