5 Best Affordable Tech Stocks To Buy Now

3. Gen Digital Inc. (NASDAQ:GEN)

Number of Hedge Fund Investors In Q2 2023: 36

Latest P/E Ratio: 9.01

Gen Digital Inc. (NASDAQ:GEN) is a small American firm that provides cybersecurity products. The firm has both grown its EPS and beat analyst estimates for the metric in all four of its latest quarters. It also pays a 25 cent dividend.

By the end of this year’s second quarter, 36 out of the 910 hedge funds part of Insider Monkey’s database had bought Gen Digital Inc. (NASDAQ:GEN)’s shares. Jeffrey Smith’s Starboard Value LP is the company’s biggest investor among these through a stake worth $350 million.

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