10 Best Low Priced Growth Stocks To Invest In

3. ZoomInfo Technologies Inc. (NASDAQ:ZI)

Revenue CAGR last 5 years: 35.41%

Stock price as of April 7^th close: $7.76

Number of Hedge Fund Holders: 51

​ZoomInfo Technologies Inc. (NASDAQ:ZI) developed a cloud-based intelligence platform designed for sales, marketing, operations, and recruiting professionals. Its platform delivers comprehensive business data and analytics, enabling users to engage with customers and other stakeholders effectively across a diverse range of industries, including software, business services, manufacturing, financial services, and others. The company’s main product is a search engine for contact and business information, which allows users to connect with potential clients, suppliers, and partners.

ZoomInfo Technologies Inc. (NASDAQ:ZI) delivered better-than-expected results in the recent Q4 2024, with revenue of $309 million and an adjusted operating income of $116 million, representing a 37% margin. The company achieved its first sequential improvement in net revenue retention since Q1 2022, increasing to 87% in Q4 2024. Notably, Copilot exceeded expectations with over $150 million in ACV, while the Operations business grew 27% YoY.

ZoomInfo Technologies Inc. (NASDAQ:ZI) is strategically focusing on the upmarket segment, which comprises more than two-thirds of the business, and is on a path to mid-single-digit growth. ZI is making progress in becoming the de facto provider of data and AI in the enterprise, with particular success in their Operations business, which serves as the data foundation for customers’ internal systems and AI initiatives. The company has implemented a more selective approach to the downmarket segment, which represents less than one-third of the business and declined 9% in 2024, as they focus on maintaining a smaller but healthier portion of the business. With 51 hedge funds owning the stock as of Q4 2024, ZI is one of the best low priced stocks to invest in.