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4 Top Tech Stocks Under $20 Per Share

@Nick2666
Although U.S. stocks have been at new highs, there are also some companies that are going against each other for various reasons. Buying the following four high-quality targets at this time is likely to make one of your wise investment career decisions. 1. fuboTV: Streaming media business looks very bright fuboTV(NYSE:FUBO)is one company that helps people switch to a fully streaming experience. Withstreaming servicesgaining popularity and creating exclusive content, cable channels might be providing inferior programming by comparison. However, services likeNetflix(NASDAQ:NFLX)still don't stream live news or sports -- shows that are incredibly valuable to many users worldwide. This is why many consumers still use cable, but fuboTV is trying to change that by offering a streaming service specifically designed for live sports and news.$fuboTV Inc.(FUBO)$ This unique service has attracted 945,000 subscribers, each of those users watching over 121 hours of TV each month. This has resulted in astounding growth for the company. In the third quarter, its total revenue grew 156% and will likely continue to grow. fuboTV is unique in the streaming service industry because few of its competitors focus on live streaming. The only other similar service isAlphabet's(NASDAQ:GOOG)(NASDAQ:GOOGL)YouTube TV, with 4 million subscribers. Both fuboTV and YouTube TV could see great success over the next decade. fuboTV is losing plenty of cash, but its losses are improving. The company lost $106 million in the third quarter of 2021, but this decreased from $274 million in the year-ago quarter. If this trend continues, fuboTV could become profitable soon. At a valuation of just 3.3 times sales, its losses and the minor competition it faces are certainly priced into the stock. Therefore, if the company can continue growing its subscriber count rapidly -- meaning it is gaining market share -- while improving its net losses,shares could bounce back.fuboTV is providing a critical yet underrated service in a large industry. I think that market position will allow it to fly under the radar and rapidly become a household name over the next five years, and investors could benefit from that. 2. SEMrush: Industry leader, far ahead of rivals SEMrush(NYSE:SEMR)provides an all-in-one platform for marketing teams to monitor the performance and effectiveness of their marketing strategies. Marketing teams typically have a fixed ad budget but dozens of potential strategies. SEMrush allows teams to research and monitor which marketing strategy could most efficiently reach their target audience.$SEMrush Holdings, Inc.(SEMR)$ With over 79,000 customers --Tesla(NASDAQ:TSLA)andAmazon(NASDAQ:AMZN)being two of them -- SEMrush has become a leader in the space. Some small players may offer tools for one or two marketing strategies, but SEMrush has over 50 tools and is an industry leader in 19 of those strategies. Customers don't want to toggle between multiple services to aggregate data and determine what marketing strategy is best, and SEMrush allows them to avoid this by having one inclusive platform. The company became public in March 2021, and it is near profitability and growing its top-line 53% year over year -- a rare combination for newly public companies. The company had $577,000 in net income in the first nine months of 2021, and its revenue was $134 million for that period, growing 52% year over year. With an addressable market opportunity of $20 billion going forward, SEMrush does not lack potential. As the market leader,I think the company could capitalizeon this large industry over the next five years. 3. Olo: A high-quality company in the field of online ordering If you have ordered food from Shake Shack,Sweetgreen(NYSE:SG), or one of 500 other restaurant brands online recently, you have likely interacted withOlo(NYSE:OLO)without even knowing it. Olo provides software for restaurants to simplify the online ordering process. The platform allows businesses to aggregate orders from third parties, mobile apps, and dozens of other sources so that restaurants don't miss a beat and can provide seamless online ordering and delivery services.$Olo Inc.(OLO)$ The company has a unique sales strategy of making deals with corporate offices, which then push the software down to individual stores. This is why the company has just 500 brands as customers but over 76,000 active locations where it is used. As a result, the company is seeing strong growth. Q3 revenue reached $37 million, growing 38% year over year. The company trades at an all-time lowvaluation of 16 times sales, making it a potential buying opportunity for investors. This valuation could be a bargain, especially considering how big the industry could grow. If you're anything like me, you are ordering food online much more often than you were before 2020. According to a recent report by McKinsey & Co, the food delivery market has nearly tripled since 2017. Therefore, Olo's growth looks like it could continue as food delivery andonline ordering growsas the primary way consumers order food. 4. SoFi: Financial technology disruptor SoFi Technologies is an up-and-coming financial technology (fintech) disruptor on a mission to help its customers achieve financial independence.To that end, the company takes a comprehensive, mobile-first approach to consumer finance, aiming to simplify and personalize the experience of its members. That's particularly relevant because more than half of Americans currently use more than one bank, often because no single bank provides all of the necessary services.$SoFi Technologies Inc.(SOFI)$ That differentiates SoFi, which offers a robust portfolio comprising two product categories: lending solutions and financial services. The former category includes home loans, student loans, and personal loans; the latter category includes a money management solution (SoFi Money), brokerage services (SoFi Invest), cash-back payment cards (SoFi Credit Card), credit monitoring (SoFi Relay), and access to third-party insurance products (SoFi Protect). And all of those services are available through a single mobile app, which delivers personalized financial advice to each user every day. Additionally, SoFi acquired Galileo in 2021, a fintech platform that provides digital banking services to other institutions. That includes the ability to create accounts, transfer money, process payments, and issue payment cards. And while Galileo may be an unfamiliar name to many investors, it powers 95% of digital banking in North America, and 70 of the top 100 fintech companies globally. What's more, Galileo complements SoFi Money, powering SoFi's own money management platform. Collectively, management believes the market for financial services is worth $2 trillion, meaning there is plenty of room for multiple winners here. Even so, SoFi has differentiated itself from the competition.Perhaps its biggest catalyst is the bank charter it’s been chasing, which is in thefinal stages of approval. Once it gets the charter, SoFi can cut out the middle man and significantly expand its margins. The company's recent acquisition of Galileo will help curb its risks and further consolidate its position in the field of financial technology. So SOFI's stock has the potential to make a huge breakthrough in 2022.
4 Top Tech Stocks Under $20 Per Share

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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