The technological industry appears to have thrived despite the upheaval caused by the Covid-19 pandemic. For the past few years, the technology industry has accounted for six of the top ten largest corporations globally by market value. This year, technology stocks made up more than 20% of the S&P 500 Index. The amount of money spent by businesses on technology is increasing. In the coming years, the software industry could be one of the largest winners. Waitr Holdings, Inc. and Trivago N.V. are two significant equities that investors can purchase for under $5.
Insider Monkey analyzes the list of the 10 best tech stocks under $5. Boxlight Corporation is a prominent interactive technology company that specializes in educational technology and classroom solutions. The company is ranked tenth on the list of the best tech companies under $5, having outperformed forecasts by $6.49 million. Amplitech Group, Inc. is a design, engineering, and assembly company that specializes in radio frequency telecommunication equipment. The company is ranked ninth on the list of the top 10 best tech stocks under $5. The electric components maker eMagin Corporation is situated in New York and specializes in organic light-emitting diode displays. In the second quarter, the company surpassed market forecasts by $0.03 on earnings per share. It is ranked eighth among the top ten best tech stocks under $5 on the list. On the list of the top 10 best tech stocks under $5, the company ranks seventh. 7 hedge funds owned $7.5 million in Exela Technologies, Inc. at the end of the second quarter of 2021. Ceragon Networks Ltd. is a networking equipment developer, producer, and vendor. Nine hedge funds had stakes in the company totaling $18.7 million at the end of the second quarter. For more details, click 10 Best Tech Stocks Under $5.
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