5 Tech Stocks Under $10 That Are Poised To Explode

4. Zynga Inc (NASDAQ:ZNGA)

Investors with Long Positions (as of June 30): 29

Aggregate Value of Investors’ Holdings (as of June 30): $619.41 Million

Zynga Inc (NASDAQ:ZNGA) lost some of its appeal among the hedge funds tracked by our team in the second quarter, as the number of investors with positions in the stock declined by two quarter-over-quarter. By the same token, the value of the overall positions decreased by $29.01 million over the June quarter. It is highly unlikely that the social game maker will represent a stable and steadily-growing investment over the years, as Zynga’s industry is very competitive and requires great human capital. Mark Pincus has resumed his CEO position at the company after he stepped down back in 2013. The company’s shares are 5% in the red year-to-date, partly owing to the recent broader equities market pullback. Ricky Sandler’s Eminence Capital represents one of the largest shareholders of Zynga Inc (NASDAQ:ZNGA) within our database, owning 76.33 million shares.