11 Best NASDAQ Penny Stocks To Buy Right Now

6. Sabre Corporation (NASDAQ:SABR) 

Number of Hedge Fund Holders: 25

Stock Price as of December 4: $3.62

Sabre Corporation (NASDAQ:SABR) is a leading technology provider for the global travel and tourism industry that operates backend software and provides data-driven solutions for airlines, hotels, and travel agencies. The company generates revenue by charging fees for every flight or hotel booking processed through its systems and has an extensive network of travel agents and online platforms, enabling its clients to maximize their reach and revenue opportunities.

Sabre Corporation (NASDAQ:SABR) is also building out a new multisource platform, which offers New Distribution Capability (NDC), low-cost carrier, and traditional Electronic Data Interchange for Administration, Commerce, and Transport (EDIFACT) content with intelligent algorithms and efficient workflow integration. This platform is now in production with an early adopter program and is expected to be rolled out more broadly in the coming quarters.

Sabre Corporation (NASDAQ:SABR) is also focusing on growing its AI-powered SabreMosaic platform. In May, Sabre Corporation (NASDAQ:SABR) introduced SabreMosaic, a platform designed to modernize travel retailing. SabreMosaic is designed to replace and modernize traditional Passenger Service System (PSS) systems, providing airlines with a more efficient and effective way to manage their retailing capabilities. Virgin Australia has selected SabreMosaic to modernize its retailing capabilities, and Riyadh Air has chosen the platform to power its offer optimization technology and retailing capabilities.