3 “Strong Buy” Tech Stocks Under $10

Tech stocks have been the stock market’s biggest source of strength since the market bottom in March. The S&P 500 recorded its steepest August gain since 1986 with tech stocks the best-performing group…

While the top tech stocks attracted the majority of investors’ attention, there are still several, attractive low-priced stocks.

If the technology rally continues, it’s possible that these stocks could see big gains. Here are three such stocks that are currently trading below $10 and could offer intriguing upside: Nokia Corporation Inc. (NOK), A10 Networks, Inc. (ATEN), and MIND C.T.I. Limited (MNDO).

Nokia Corporation Inc. (NOK)

NOK is engaged in network and technology businesses worldwide. The company has a strategic collaboration with Microsoft Corporation (MSFT) and offers network infrastructure software, hardware, and services across different screens, mobile networks, and operating systems.

NOK closed yesterday’s trade at $4.71. The stock hit a 52-week low of $2.34 due to a virus-led crash on March 18th. This implies that the stock has already more than doubled from the low. Moreover, NOK has a year-to-date gain of 27.5%.

It is also ranked #8 out of 52 stocks in the Technology – Communication/Networking industry.

A10 Networks, Inc. (ATEN)

ATEN provides application delivery controllers for optimizing data center performance, carrier-grade networking products that offer address and protocol translation services for service provider networks, and a distributed denial-of-service threat protection system for network-wide security protection. It operates through two segments – Service and Cloud Providers, and Enterprise.

The stock closed yesterday’s trading session at $8.38, 9% lower than its 52-week high of $9.21. With a year-to-date gain of 22%, the stock is up more than 131% from its March lows. Wall Street analysts expect the stock to reach $13.5, increasing more than 61% from the current price.

The company’s top-line grew 6.7% year-over-year to…

Continue reading at STOCKNEWS.com



Leave a Reply

Your email address will not be published.