In a world where high prices often overshadow value, it's time to turn the spotlight on the often-overlooked segment of low-priced tech stocks. Trading under $20 per share, these hidden gems combine robust innovation, long-term growth potential, and surprising affordability. Join me as we uncover three under-the-radar tech stocks that prove you don't need to break the bank to invest in tomorrow's technology.
Opera Software: More Than Just a Browser
Explore the innovative features and diverse product catalog of Opera Software, a low-priced tech stock with immense growth potential.
When it comes to web browsers, most people think of the dominant Chrome browser. However, Opera Software (OPRA -0.37%) offers much more than just a slightly tweaked version of Chrome. With its affordable stock price and market cap of $1.1 billion, Opera Software is an under-the-radar gem worth exploring.
Opera Software's browser not only provides useful innovations like tab islands and a modular interface design, but it also offers integrated artificial intelligence (AI) chatbot assistance, social network messengers, and privacy protection tools such as an ad blocker and a free virtual private network (VPN) service. Additionally, Opera GX, a browser tailored for online gamers, allows users to control memory, processing, and network performance for each tab.
But Opera Software doesn't stop at browsers. The company also offers Opera Cashback, an e-commerce shopping platform with automatic cash-back rewards, and a game-making development system called GameMaker. With 311 million monthly active users, robust revenue growth, and low valuation ratios, Opera Software is a tech stock that shouldn't be overlooked.
StoneCo: Backed by Warren Buffett
Discover StoneCo, a Brazilian fintech stock that has gained the confidence of legendary investor Warren Buffett and offers promising growth opportunities.
StoneCo (STNE 0.00%) is a Brazilian fintech company that has caught the attention of legendary investor Warren Buffett. Berkshire Hathaway (BRK.A -0.36%) (BRK.B -0.55%) has invested $155 million in StoneCo, indicating its confidence in the company's business and growth potential.
StoneCo's top-line growth has been impressive, and with the Brazilian economy recovering, the company is well-positioned to provide modern financial services and transaction processing systems in the e-commerce revolution. Despite its positive prospects, StoneCo is still undervalued, trading at a modest valuation of 4.4 times sales and 12.3 times free cash flows. With Buffett's support and the potential for a better future, StoneCo is a hidden gem in the tech stock market.
UiPath: Streamlining Business Processes with Automation
Learn about UiPath, a leading process automation company that taps into the AI boom and helps businesses optimize their operations for efficiency and cost savings.
Process automation may not sound exciting, but it plays a crucial role in improving business efficiency and cost savings. UiPath (PATH 1.91%) is a company that specializes in drop-in process automation solutions for various industries, from banking and healthcare to manufacturing and retail.
UiPath's optimization systems, powered by AI, are incredibly user-friendly and efficient. For example, the company's deep learning analysis can start from a simple screenshot of a business system's application interface, understanding all the controls and their connections. With steady revenue growth and soaring cash profits in 2023, UiPath is a leading player in the process automation space.
