10 Best Low Priced Technology Stocks To Buy Now

8. PagSeguro Digital Ltd. (NYSE:PAGS)

Share Price as of December 24: $6.27

Number of Hedge Fund Holders: 25

PagSeguro Digital Ltd. (NYSE:PAGS), or PagBank, is a prominent financial services and digital payments company in Brazil. It operates as a leading digital bank, offering a wide range of financial services and payment solutions primarily for consumers, individual entrepreneurs, and small to medium-sized businesses. PagSeguro Digital Ltd. (NYSE:PAGS) offers digital accounts and complete solutions for online and in-person payments through mobile and POS devices.

In the third quarter of 2024, the company reported impressive financial results, with net revenues reaching BRL 4.8 billion, reflecting a 20% year-over-year growth. PagSeguro Digital Ltd. (NYSE:PAGS) achieved a record recurring net income of BRL 572 million, up 30% from the previous year, alongside a reported net income of BRL 531 million, which is an increase of 29%. This strong performance highlights PagSeguro Digital Ltd.’s (NYSE:PAGS) effective business model and its ability to capture market demand.

PagSeguro Digital Ltd. (NYSE:PAGS) is continuously innovating its product offerings to enhance customer experience. One of the new products that the company has been working on launching is the Multiple Card, which combines credit and debit functions in one product. These initiatives aim to simplify financial management for users and attract more customers. Given its solid financial performance, innovative solutions, and strong market position in Brazil’s growing fintech landscape, PagSeguro Digital Ltd. (NYSE:PAGS) represents an attractive investment opportunity in the technology sector. Its commitment to enhancing customer experiences through comprehensive financial services makes it one of the best low-priced technology stocks to buy.