12 Best Technology Penny Stocks To Buy According to Hedge Funds

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3. Sabre Corporation (NASDAQ:SABR)

Number of Hedge Fund Investors: 25

Stock Price as of December 23: $3.86

Sabre Corporation (NASDAQ:SABR) is a prominent technology provider for the global travel and tourism industry, specializing in backend software and data-driven solutions for airlines, hotels, and travel agencies. The company generates revenue by charging fees for each flight or hotel booking processed through its systems.

Sabre Corporation (NASDAQ:SABR) is currently developing a new multisource platform that integrates New Distribution Capability (NDC), low-cost carrier content, and traditional Electronic Data Interchange for Administration, Commerce, and Transport (EDIFACT) content. This platform incorporates intelligent algorithms and streamlined workflow integration. The platform is already in production with an early adopter program and is set to be more widely deployed in the coming quarters.

Furthermore, Sabre Corporation (NASDAQ:SABR) is prioritizing the growth of its AI-powered SabreMosaic platform. Launched in May, SabreMosaic aims to modernize travel retailing by replacing traditional Passenger Service System (PSS) solutions. The platform offers airlines a more efficient and effective approach to managing their retail operations. Virgin Australia has selected SabreMosaic to enhance its retailing capabilities, while Riyadh Air has chosen the platform to support its offer optimization technology and retailing strategies.

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