5 Best Tech Stocks to Buy Under $10

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1. Nokia Corporation (NYSE:NOK)

Number of Hedge Fund Holders: 26

Stock Price as of October 2: $5.46

Nokia Corporation (NYSE:NOK) is a Finland-based multinational consumer electronics manufacturer. Specializing in telecommunications, information technology, and electronics, the company has a market capitalization of $31.55 billion, and ranks first on our list of the 10 best tech stocks to buy under $10.

In the second quarter of 2021, Nokia Corporation (NYSE:NOK) reported earnings per share of $0.11, beating the estimated EPS by $0.05.

At the end of the second quarter of 2021, 26 hedge funds in the database of Insider Monkey held stakes worth more than $494.3 million in Nokia Corporation (NYSE:NOK). This is compared to 21 hedge funds in the preceding quarter that held stakes amounting to approximately $352.9 million.

On August 3, Societe Generale analyst Aleksander Peterc raised his price target of Nokia Corporation (NYSE:NOK) to $7.81 from $6.27, and kept a Buy rating on the stock.

You can also take a peek at 10 Best Biotech Stocks Under $10 and 10 Best Automotive Stocks to Invest in Now.

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