10 Best Cheap Stocks to Buy Under $10

3. ZoomInfo Technologies Inc. (NASDAQ:ZI)

Share Price as of April 22: $7.67

Forward P/E Ratio as of April 22: 7.99

Number of Hedge Fund Holders: 51

ZoomInfo Technologies Inc. (NASDAQ:ZI) provides a go-to-market intelligence and engagement platform for sales, marketing, operations, and recruiting professionals. Its cloud-based platform provides workflow tools and information on organizations and professionals. It serves enterprises, mid-market companies, and even small businesses.

In Q4 2024, ZoomInfo Operations experienced a 27% year-over-year increase, which is a growth rate that accelerated by 5 percentage points sequentially. ZoomInfo Technologies Inc. (NASDAQ:ZI) views its market in two distinct ways: upmarket (companies with more than 100 employees) and downmarket (companies with fewer than 100 employees).

ZoomInfo Operations is particularly strong within the upmarket segment, which constitutes more than two-thirds of the overall business and grew by 2% in 2024, with a trajectory towards mid-single-digit growth. The company’s overall performance underscores the increasing demand for ZoomInfo’s data foundation. It strengthens customers’ internal systems and powers their record systems, data warehouses, and AI initiatives.