Tech stocks offer growth potential with the Morningstar US Technology Index rising 18.71% in 2025 compared to the US Market Index’s 13.22% gain. The 12 best tech stocks include Nice, Endava, Fiserv, HubSpot, Adobe, and more, all undervalued per Morningstar’s analysts as of Nov. 18, 2025.

Nice, the cheapest stock on the list, serves customer engagement and financial compliance markets, trading 61% below the $268 fair value estimate. Nice’s revenue comes from customer engagement and financial crime segments, focusing on cloud and on-premises software solutions.

Endava, an IT services company, trading at a 54% discount to the $13.60 fair value estimate, targets financial services, technology, media, and telecom industries. Endava focuses on agile project management from nearshore locations for clients’ digital transformation goals.

Fiserv, a leading provider of core processing services for US banks, trades at a 51% discount to the $126 fair value estimate. Fiserv’s merger with First Data in 2019 has led to a reset by the new CEO for greater investment and lower margins.

HubSpot, a marketing and sales automation leader, is 43% undervalued relative to the $650 fair value estimate. HubSpot’s growth platform provides a suite of software solutions for marketing, sales, service, operations, and CMS.

Adobe, a content creation software leader, is 42% undervalued with a $560 fair value estimate. Adobe dominates in content creation with products like Photoshop and Illustrator, expanding its portfolio with new products and features to drive growth.

Globant, a digital transformation company, trades at a 41% discount to the $102 fair value estimate. Globant focuses on information technology services, landing big clients and offering innovative solutions through agile project management.

Sabre Corporation, a global distribution system provider, holds the number-two air booking volume share. Trading at a 40% discount to the $2.82 fair value estimate, Sabre faces macroeconomic risks but expects to maintain a strong position in GDS.

Sensata Technologies, a sensor supplier for transportation and industrial applications, is 40% undervalued with a $48 fair value estimate. Sensata focuses on growth in electric vehicles and industrial applications, aiming for durable returns through portfolio realignment.

Monday.com, a work management platform, is 36% undervalued with a $241 fair value estimate. Monday.com’s WorkOS platform focuses on expanding within enterprise customer base and broadening penetration across newer vertical solutions.

Atlassian, a software producer for team collaboration, is 35% undervalued with a $230 fair value estimate. Atlassian’s unique go-to-market strategy, focused on low-cost online marketing, drives solid margins and strong top-line growth.

Oracle, an enterprise software provider, is 35% undervalued with a $340 fair value estimate. Oracle’s cloud infrastructure innovation and integrated AI portfolio position it for revenue growth, especially in the database and AI segments.

ON Semiconductor, a supplier of power semiconductors, is 35% undervalued with a $70 fair value estimate. ONsemi focuses on aligning its portfolio for growth and margin expansion, targeting sectors like automotive and industrial markets.

Read more at Morningstar: The Best Tech Stocks to Invest in