Is indie Semiconductor Inc. (INDI) the Best Technology Penny Stock to Buy Right Now?
From Yahoo Finance: 2025-03-31 20:01:00
In a recent article, we highlighted the 13 best technology penny stocks to buy right now, including indie Semiconductor Inc. (INDI). Marta Norton from Empower shared a bullish outlook on small caps on CNBC’s ‘Squawk Box,’ emphasizing the impact of tariff decisions on the market. Top technology penny stocks were identified using the Finviz stock screener, with INDI ranking 9th. INDI is an automotive semiconductors and software solutions company with significant design wins from major automakers like GM, Toyota, and Ford. The company’s focus on vision-based ADAS technologies positions it well for growth in the automotive sector.
INDI’s share price was $2.26 as of March 28, with 22 hedge fund holders. The company’s products, such as ultrasonic sensors and radar sensors, cater to various automotive applications like driver assistance systems and electrification. INDI’s iND880 Vision Processor has secured wins in Korea and China for front sensing and occupant monitoring in EVs. The company’s innovative products and market positioning make it a promising investment in the AI sector.
Read more at Yahoo Finance: Is indie Semiconductor Inc. (INDI) the Best Technology Penny Stock to Buy Right Now?