7 Promising Tech Stocks Set to Soar in 2024

Technology sector is rapidly evolving, and companies like Nvidia (NASDAQ:NVDA) are redefining the paradigm of success, making tech stocks a hot topic.

Baidu (NASDAQ:BIDU) is a Chinese tech giant that is hailed as China’s answer to US tech giants. Baidu is not just a search engine, but also a vast digital architecture supporting the world’s second-largest economy.

Trip.com (NASDAQ:TCOM) is a tour de force in the realm of travel services, hailing from Shanghai. Trip.com is not just another aggregator, but a testament to technology redefining experiences.

Aviat Networks (NASDAQ:AVNW) is an inconspicuous yet promising tech stock that offers microwave transport backhaul solutions, supporting the insatiable appetite for multi-gigabit data services.

These under-the-radar tech stocks harbor significant potential and are often overlooked in mainstream discourse.

7 Promising Tech Stocks Set to Soar in 2023

The rapid evolution of the technology sector has made tech stocks a hot topic among investors. Companies like Nvidia (NASDAQ:NVDA) have redefined the paradigm of success, making tech stocks a hot topic. However, Nvidia’s achievements and current valuation have created a daunting barrier for many speculators.

TipRanks’ NSECUR screener focuses on tech stocks with substantial upside potential yet low media buzz. This list reveals a promising selection of stocks for discerning investors who prefer to explore uncharted territories. Lesser-known tech stocks may offer a treasure trove of opportunities.

Among the undiscovered gems that harbor significant potential is Baidu (NASDAQ:BIDU). This Chinese behemoth is invariably overshadowed by Alibaba and Tencent. However, Baidu isn’t just a search engine; it’s a cornerstone of China’s vast digital architecture. Its prowess doesn’t end with web services; Baidu’s vision seamlessly expands into the groundbreaking realm of artificial intelligence.

Trip.com (NASDAQ:TCOM) stands as a tour de force in the realm of travel services. This Shanghai-based company isn’t another aggregator; it’s a testament to technology redefining experiences. Trip.com’s vast suite of platforms captures the essence of modern travel, truly captivating the potential of the age of revenge travel.

However, every silver lining has its cloud. Trip.com perfectly positions itself to capitalize on the global travel rebound, but it faces challenges courtesy of China’s stringent pandemic protocols. Nevertheless, its recent revenue metrics paint a story of recovery and resilience.

Finally, Aviat Networks (NASDAQ:AVNW) might easily escape untrained eyes. With a modest market cap and relatively low trading volume, this unsung tech contender doesn’t scream attention. Yet, beneath the surface pulsates promise. Aviat’s domain of microwave transport backhaul solutions is critical infrastructure supporting the insatiable appetite for multi-gigabit data services.