10 Oversold Tech Stocks To Buy Right Now

7. TTEC Holdings, Inc. (NASDAQ:TTEC)  

Number of Hedge Fund Investors: 19  

Forward P/E Ratio as of October 15: 4.49  

YTD Performance as of October 15: -73.14%  

TTEC Holdings, Inc. (NASDAQ:TTEC) provides customer experience solutions and services through the business process outsourcing (BPO) model. The company partners with firms to manage customer interactions across multiple channels.

TTEC Holdings, Inc. (NASDAQ:TTEC) offers a range of services including digital transformation, customer engagement, and technology innovation. The company’s services are designed to help clients improve their customer relationships, enhance their brand reputation, and increase their revenue growth.

TTEC Holdings, Inc. (NASDAQ:TTEC) operates through two synergistic business segments, TTEC Digital and TTEC Engage, which complement each other and create a holistic approach to customer experience (CX) management. TTEC Digital provides cutting-edge technology solutions such as cloud-based contact center-as-a-service (CCaaS), AI, and CRM platforms, while TTEC Engage specializes in delivering customer experience (CX) services. This blend of digital transformation technology and operational CX services makes TTEC Holdings, Inc. (NASDAQ:TTEC) well-positioned to capitalize on a massive and expanding total addressable market (TAM) valued at approximately $640 billion as of 2020.

TTEC Holdings, Inc. (NASDAQ:TTEC) has also expanded its artificial intelligence (AI) offerings by integrating the latest advancements in generative AI into its CX solutions. This combination allows the company to offer clients immediate AI-driven CX solutions and leverage AI to enhance customer interactions. TTEC Holdings, Inc.’s (NASDAQ:TTEC) innovative and service offerings differentiate it in the competitive CX market and can potentially lead to improved market share and revenue growth. Industry analysts have a consensus Buy rating on the stock, with a target price of $6.09, indicating a potential gain of 10.54% from its current price.