5 Best Growth Stocks Under $25

2. ZoomInfo Technologies Inc. (NYSE:ZI)

Number of Hedge Fund Holders: 40

Share Price as of July 26: $25.34

P/E Ratio as of July 26: 101.38

ZoomInfo Technologies Inc. (NYSE:ZI) offers a go-to-market intelligence and engagement platform for sales and marketing teams worldwide. Their cloud-based platform provides information on organizations and professionals, enabling users to identify target customers, obtain predictive lead and company scoring, monitor buying signals, engage through automated sales tools, and track progress throughout the deal cycle. ZoomInfo Technologies Inc. (NYSE:ZI) is one of the best growth stocks to invest in.

On June 28, Needham initiated coverage of ZoomInfo Technologies Inc. (NYSE:ZI) with a Buy rating and a $35 price target. To accelerate growth in the near term, Needham suggests focusing on selling advanced functionality modules and expanding into new industry verticals beyond software and business services, which currently comprise 66% of total revenue.

According to Insider Monkey’s first quarter database, 40 hedge funds were bullish on ZoomInfo Technologies Inc. (NYSE:ZI), compared to 31 funds in the last quarter. Mick Hellman’s HMI Capital is the leading stakeholder of the company, with 8.16 million shares worth $201.8 million.

Baron Asset Fund made the following comment about ZoomInfo Technologies Inc. (NASDAQ:ZI) in its Q1 2023 investor letter:

“Within Communication Services, lower exposure to this top performing sector coupled with the underperformance of marketing solutions provider ZoomInfo Technologies Inc. (NASDAQ:ZI) hampered relative results. ZoomInfo’s shares declined as the broader software and technology spending environment, to which the company is disproportionately exposed, continued to weaken. We are closely monitoring its customers’ spending patterns.”