Among Overlooked Tech Stocks to Buy Now

From Yahoo Finance: 2025-05-02 17:58:00

The tech sector is poised for a resurgence in 2025, with IT spending expected to increase by 9.3%. Generative AI, cybersecurity, and cloud services are anticipated to drive growth. Layoffs have decreased, but geopolitical tensions and regulatory barriers pose new challenges due to unstable trade policies and tariffs on tech manufacturing countries.

Generative AI is projected to contribute significantly to the U.S. GDP by 2030, but concerns about job displacement exist. Cybersecurity has become a top priority, with global spending expected to exceed $200 billion by 2028. However, only 24% of current gen AI projects are considered secure, hindering widespread AI adoption.

Flex Ltd. (NASDAQ:FLEX) is among overlooked tech stocks to buy now, with a P/E ratio of 11.59 and 52 hedge fund holders. The multinational company reported strong financial results, receiving two 2025 Automotive News PACE Awards for its innovative technologies. Strategic investments, such as a new plant in Dallas, position Flex for continued growth in AI-driven businesses.

Flex Ltd. (NASDAQ:FLEX) ranks 8th on the list of overlooked tech stocks to buy now. While promising, other AI stocks may offer higher returns in a shorter time frame. Investors seeking AI stocks with potential for significant gains can explore options beyond FLEX. Check out our report on the cheapest AI stock for more information.

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