In this piece, we discuss the 7 Overlooked Tech Stocks to Buy Right Now.
Dan Ives, Global Head of Technology Research at Wedbush Securities, appeared on CNBC on March 23, 2026, to discuss the recent challenges the technology sector is facing.
He argues that the recent sell-off reflects short-term risks in the sector and that the long-term momentum of tech equities remains intact. Investors are acting on geopolitical and macro tensions, he adds, while assuring that the weakened sentiment should persist only for a short time. Therefore, he describes the current levels as ideal for investors seeking buying opportunities within the technology space.
According to him, software and cybersecurity equities fall within oversold territory, with the latter now emerging as the defensive area of tech, potentially outperforming the market in the near future. At the same time, he says software names are beginning to recover, yet remain in the oversold territory.
Meanwhile, according to Reuters’ March 11 report, the biggest tech players, including Amazon, Salesforce, Oracle, Alphabet, and Meta, are raising or planning to raise massive amounts of capital to expand their AI infrastructure by tapping debt markets. The recent update came from Salesforce on March 11, where management announced the pricing of a $25 billion debt offering to fund a share buyback.
Last month, comments from Oracle highlighted its plans to leverage debt and equity to raise $45 billion to $50 billion in 2026 to expand its cloud infrastructure capacity.
This backdrop reflects high spending tied to AI, cloud, software, and cybersecurity infrastructure despite pressure on tech equities.
With this background in mind, we will now jump to our list of the 7 overlooked tech stocks to buy right now.
Methodology
To curate our list of overlooked tech stocks to invest in, we ran a screener to identify technology stocks with a market capitalization of over $2 billion and upside potential of at least 20%. Next, we considered hedge fund ownership of these stocks, selecting those with relatively fewer hedge fund holders than industry peers, indicating they are under-the-radar. For hedge fund data, we relied on Insider Monkey’s hedge fund database, which tracks over 1,000 hedge funds as of Q4 2025. Our list is presented in ascending order based on the upside potential of each stock.
Note: All data was sourced on March 27, 2026.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
7. NICE Ltd. (NASDAQ:NICE)
NICE Ltd. (NASDAQ:NICE) earns a place on our list of the 7 overlooked tech stocks to buy right now.
As of March 27, 2026, the consensus price target of $150.00 implies a 36.39% upside, indicating a moderately positive sentiment toward NICE Ltd. (NASDAQ:NICE). Over 60% of covering analysts maintain bullish ratings on the stock.
That sentiment remains intact as the company accelerates its AI push.
On March 10, 2026, NICE Ltd. (NASDAQ:NICE) introduced a revolutionary agentic AI solution that transforms enterprise interaction data into production-ready AI agents at scale. The platform, showcased at Enterprise Connect 2026, continuously learns from billions of CXone customer interactions to identify high-impact automation opportunities by analyzing audio, chat, digital channels, workflows, and human interactions.
This closed-loop system optimizes performance, accelerates deployment, improves cost efficiency, boosts revenue, and enhances the experience of customers and employees.
On the same day, NICE Ltd. (NASDAQ:NICE) demonstrated NICE Cognigy’s innovations at Nexus 2026. These innovations included the integration of the Model Context Protocol (MCP), hybrid voice and digital journeys, and embedded multivariate testing.
In addition to reinforcing NICE Ltd. (NASDAQ:NICE)’s leadership in enterprise-scale AI customer experience solutions, these innovations enable enterprises to manage hybrid workforces, assess AI performance, and deploy intelligent agents with measurable outcomes and accountability.
NICE Ltd. (NASDAQ:NICE) offers enterprise software solutions in the areas of financial crime compliance and customer engagement. The company leverages artificial intelligence (AI) to enhance the global customer experience, compliance, and operations.
6. Parsons Corporation (NYSE:PSN)
Parsons Corporation (NYSE:PSN) is one of the 7 overlooked tech stocks to buy right now.
As of March 24, 2026, roughly 80% of covering analysts remain bullish on Parsons Corporation (NYSE:PSN), while the consensus price target of $80.00 implies over 50% upside.
The company’s iNET Smart Mobility Platform is rapidly expanding to support transportation agencies across North America looking to modernize their operations, Parsons Corporation (NYSE:PSN) announced in a press release on March 23, 2026. The platform supports the transformation from reactive traffic management to proactive, AI-driven operations, bolstering safety, dependability, and efficiency.
Parsons Corporation (NYSE:PSN)’s notable deployments for this platform include Georgia’s comprehensive Advanced Traffic Management System, Michigan’s US 23 Flex Route (which resulted in a 34% reduction in overall accidents), and New Jersey’s cloud-based statewide traffic system, which combines legacy systems for better coordination.
Regional programs, such as the AllRoads system in Western New York and Southern Ontario, combine real-time data from multiple sources, including transit and weather systems. With these deployments, the company is offering faster maintenance, greater roadway visibility, and better incident response.
Parsons Corporation (NYSE:PSN) applies the same technology to Middle Eastern smart-city programs, demonstrating scalable, software-driven operations that improve mobility outcomes without requiring infrastructure expansion.
The update reflects the robust progress the company is making in its integrated, software-enabled operations, helping it retain analyst confidence.
Parsons Corporation (NYSE:PSN) delivers transformative technology in national security and infrastructure, encompassing AI-driven transportation, cybersecurity, space, missile defense, and comprehensive engineering solutions globally.
While we acknowledge the potential of PSN 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 PSN and that has 100x upside potential, check out our report about the cheapest AI stock.
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