Tech services industry thriving with top stock picks like Byrna, Climb Global, and Priority Technology

From Zacks Investment Research: 2025-05-16 08:52:00

The technology services industry is thriving in 2024 and continued its momentum into the first quarter of 2025. The Zacks-defined Technology Services industry ranks within the top 26% of Zacks Ranked Industries, indicating it may outperform the market in the next three to six months. Byrna Technologies Inc., Climb Global Solutions Inc., Adeia Inc., Priority Technology Holdings Inc., and Ivanhoe Electric Inc. are recommended as top picks with strong short-term upside price potential, each carrying either a Zacks Rank #1 (Strong Buy) or 2 (Buy).

Byrna Technologies Inc. is a less-lethal self-defense technology company with a massive price upside potential of 48.8%. Climb Global Solutions Inc. operates as a value-added IT distribution and solutions company, with an attractive price upside potential of 23.3%. Adeia Inc. functions as a media and semiconductor intellectual property licensing company, with an impressive price upside potential of 30.9%. Priority Technology Holdings Inc. is a payment technology company with a massive price upside potential of 113.9%. Ivanhoe Electric Inc. is a minerals exploration and development company with an astonishing price upside potential of 192%.



Read more at Zacks Investment Research: Buy 5 Mid and Small Tech Services Stocks Amid Solid Short-Term Upside – May 16, 2025