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13 Best New Tech Stocks to Buy Now

In this article, we discuss the 13 best new tech stocks to buy now. If you want to read about some more new tech stocks, go directly to 5 Best New Tech Stocks to Buy Now.

Investments in the technology sector, traditionally seen as one of the most growth-oriented spaces in the market, have nosedived in recent months due to recession fears. Famous growth stocks like Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Meta Platforms, Inc. (NASDAQ:FB) have all seen their share prices decline by more than 20% this year so far. Investors wary of big tech but keen on recovery momentum should consider investing in new tech names that offer the same growth potential at much cheaper rates. 

New technology stocks can be safely seen as firms that demonstrate rates of growth that outpace the market average. Like growth stocks, these firms offer investors the chance to invest in firms whose revenue or net income is expected to grow faster than the market average. However, investments in new tech stocks can be more volatile as compared to established stocks. Investors should keep in mind that pouring money in new tech increases chances of earning profits from rapid price appreciation.

There are several new tech stocks that operate on different scales, such as highly promising small businesses to industry setups. Some of the key metrics that investors should look into for these firms include growing sales, revenues, and cash flows. These firms tend to have high valuations and their high prices, relative to profits, makes them more expensive. In 2022, there has been a mass exodus away from new tech towards value options in light of a macro slowdown that has pummeled the stock market. 

However, the third-quarter earnings show the anticipated economic slowdown might not be as bad as Wall Street expected. Recent data shows 26% fewer CEOs using the word recession in the third-quarter conference calls compared to the second quarter. Moreover, in the third quarter of 2022, 69% of S&P 500 companies beat earnings estimates, while 71% beat the consensus revenue estimates. Since 2000, growth stocks have outperformed their value counterparts. However, this equation has changed in the past few months. 

Photo by Ruben Sukatendel on Unsplash

Investors interested in value offerings should also keep in mind that past performance does not predict future performance and picking individual stocks can also be a risky business. Many investors buy index mutual funds and exchange-traded funds, which bundle hundreds or thousands of stocks into a single investment. Even though these carry lower levels of risk, it is not very often that they outperform the broader market. New tech stocks, on the other hand, are a riskier but more rewarding bet. 

Our Methodology

The companies that operate in the technology sector and debuted on the stock market in 2022 were selected for the list. Special importance was assigned to outlining the basic business fundamentals and analyst ratings for each firm to provide readers with some context so they can make more informed investment choices. Data from around 900 elite hedge funds tracked by Insider Monkey in the third quarter of 2022 was used to identify the number of hedge funds that hold stakes in each firm.

Best New Tech Stocks to Buy Now

13. Ivanhoe Electric Inc. (NYSE:IE)

Number of Hedge Fund Holders: 11 

Ivanhoe Electric Inc. (NYSE:IE) operates as a mineral exploration and development company in the United States. On December 8, Ivanhoe Electric announced that its subsidiary, Cordoba Minerals Corp, and JCHX Mining Management Co., Ltd. have agreed to a strategic arrangement for the joint development of Cordoba’s flagship Alacran Project in Colombia. Ivanhoe Electric owns a 63.27% interest in Cordoba.

At the end of the third quarter of 2022, 11 hedge funds in the database of Insider Monkey held stakes worth $71.5 million in Ivanhoe Electric Inc. (NYSE:IE), compared to 12 the preceding quarter worth $54.4 million.

Unlike Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Meta Platforms, Inc. (NASDAQ:FB), Ivanhoe Electric Inc. (NYSE:IE) is one of the best new tech stocks to buy now according to elite investors. 

12. Pagaya Technologies Ltd. (NASDAQ:PGY)

Number of Hedge Fund Holders: 11 

Pagaya Technologies Ltd. (NASDAQ:PGY) operates as a financial technology company in Israel, the United States, and the Cayman Islands. On November 10, Pagaya Technologies posted earnings for the third quarter of 2022, reporting losses per share of $0.02. The revenue over the period was $204 million, up 49.3% compared to the revenue over the same period last year and beating market estimates by $26 million.

On October 12, Wedbush analyst David Chiaverini initiated coverage of Pagaya Technologies Ltd. (NASDAQ:PGY) stock with a Neutral rating and $2 price target, noting that funding capacity is the key governor on growth for the company. 

At the end of the third quarter of 2022, 11 hedge funds in the database of Insider Monkey held stakes worth $189.7 million in Pagaya Technologies Ltd. (NASDAQ:PGY), compared to 15 in the previous quarter worth $127.8 million.

11. SpringBig Holdings, Inc. (NASDAQ:SBIG)

Number of Hedge Fund Holders: 12    

SpringBig Holdings, Inc. (NASDAQ:SBIG) operates a software platform that provides customer loyalty and marketing automation solutions to cannabis retailers and brands in the United States and Canada. On August 26, On December 8, SpringBig Holdings posted earnings for the second quarter of 2022, reporting losses per share of $0.14, beating market estimates by $0.02. The revenue over the period was $6.6 million, up 13.8% compared to the revenue over the same period last year and missing market estimates by $0.4 million. 

At the end of the third quarter of 2022, 12 hedge funds in the database of Insider Monkey held stakes worth $297,000 in SpringBig Holdings, Inc. (NASDAQ:SBIG), compared to 16 in the previous quarter worth $1 million.

10. Alvotech (NASDAQ:ALVO)

Number of Hedge Fund Holders: 13    

Alvotech (NASDAQ:ALVO) develops and manufactures biosimilar medicines for patients worldwide. On December 7, Alvotech said that STADA, a pharmaceutical company, and Alvotech are launching Hukyndra high-concentration, low-volume, citrate-free formulation of adalimumab in several European countries. Hukyndra is a biosimilar to AbbVie’s drug Humira.

At the end of the third quarter of 2022, 13 hedge funds in the database of Insider Monkey held stakes worth $115.6 million in Alvotech (NASDAQ:ALVO), compared to 14 the preceding quarter worth $134.2 million.

9. Semantix, Inc. (NASDAQ:STIX)

Number of Hedge Fund Holders: 14     

Semantix, Inc. (NASDAQ:STIX) provides consulting, training, and support for big data solutions, data science, enterprise search, machine learning, and Internet of things. On August 31, Semantix Inc. announced that it has acquired Zetta Health Analytics, a Brazilian health data analytics firm, to expand its capabilities in serving healthcare clients through SaaS data solutions. Semantix expects the acquisition to complement the development of the Semantix Data Platform.

At the end of the third quarter of 2022, 14 hedge funds in the database of Insider Monkey held stakes worth $2.5 million in Semantix, Inc. (NASDAQ:STIX). 

8. Nogin, Inc. (NASDAQ:NOGN)

Number of Hedge Fund Holders: 15  

Nogin, Inc. (NASDAQ:NOGN) operates as an e-commerce, technology platform provider in the apparel and ancillary industry’s multichannel retailing, business-to-consumer, and business-to-business domains. Some of the products it provides include website development, photography, content management, customer service, marketing, warehousing, and fulfillment. The firm is headquartered in California. 

At the end of the third quarter of 2022, 15 hedge funds in the database of Insider Monkey held stakes worth $1.7 million in Nogin, Inc. (NASDAQ:NOGN). 

7. Gogoro Inc. (NASDAQ:GGR)

Number of Hedge Fund Holders: 15    

Gogoro Inc. (NASDAQ:GGR) manufactures two-wheeled electric vehicles. On September 28, Gogoro signed a NT$10.7 billion five-year credit facility agreement, with a two-year extension option, with a group of ten syndicated banks. The facility consists of two term loans and one revolving facility that will be used to pay off a current outstanding credit facility.

On November 11, Benchmark analyst Fawne Jiang maintained a Buy rating on Gogoro Inc. (NASDAQ:GGR) stock and lowered the price target to $7 from $11, highlighting the company’s third quarter earnings report.

At the end of the third quarter of 2022, 15 hedge funds in the database of Insider Monkey held stakes worth $20.5 million in Gogoro Inc. (NASDAQ:GGR), compared to 14 in the previous quarter worth $38.5 million.

6. Polestar Automotive Holding UK PLC (NASDAQ:PSNY)

Number of Hedge Fund Holders: 15     

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) manufactures and sells premium electric vehicles. On October 12, Polestar Automotive Holding unveiled the Polestar 3 electric performance SUV. The first version of the all-electric five-passenger SUV is priced at $84,000, but lower-costs versions are expected to follow. This is the first car from the company to feature centralized computing with the NVIDIA DRIVE core computer.

On November 16, Citi analyst Itay Michaeli resumed coverage of Polestar Automotive Holding UK PLC. (NASDAQ:PSNY) stock with a Buy rating and $12 price target, noting the company’s recent achievements, which include maintaining its volume targets until 2022, obtaining extra funding, and carrying out its plans to roll out new products.

At the end of the third quarter of 2022, 15 hedge funds in the database of Insider Monkey held stakes worth $62.7 million in Polestar Automotive Holding UK PLC (NASDAQ:PSNY), up from 12 the preceding quarter worth $91.9 million.

In contrast to Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Meta Platforms, Inc. (NASDAQ:FB), Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is one of the best new tech stocks to buy now according to elite investors. 

Click to continue reading and see 5 Best New Tech Stocks to Buy Now.

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Disclosure. None. 13 Best New Tech Stocks to Buy Now is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…