If you’re hunting for tech stocks under $50 with strong growth potential, look no further. Amidst market fluctuations, there are still some excellent bargains in the tech sector that offer significant upside. These cheap growth tech stocks present an attractive entry point for investors looking to capitalize on innovation without breaking the bank. Let’s dive into two promising tech stocks under $50 that could supercharge your portfolio.

1. Dropbox, Inc. (DBX) – $28

Dropbox, a cloud storage and collaboration platform, continues to solidify its place as a reliable tech player. With a growing focus on expanding its business offerings and productivity tools, Dropbox has evolved from a simple file-sharing app to an essential service for remote teams. The company’s robust free cash flow and steady subscription-based revenue model make it one of the cheap growth tech stocks with strong fundamentals. As businesses increasingly shift to digital and cloud-based services, Dropbox is well-positioned for growth, making it a solid tech stock under $50.

2. Palantir Technologies Inc. (PLTR) – $16

Palantir Technologies specializes in data analytics and artificial intelligence, providing software solutions for both commercial and government clients. Known for its robust platform that handles vast datasets, Palantir is deeply integrated into sectors such as defense, healthcare, and finance. Its expanding customer base and government contracts offer a stable foundation for growth. With AI-driven services becoming more critical to industries worldwide, Palantir is a standout pick among tech stocks under $50. The stock offers investors exposure to a high-growth, data-centric business with the potential to deliver substantial returns over the next few years.

Final Take

Both Marvell and Palantir represent tech stocks under $50 that are poised for strong growth. They are trading at attractive valuations and offer exposure to the future of technology, from 5G to AI. For investors seeking cheap growth tech stocks with solid upside potential, these two companies provide a compelling opportunity to ride the next wave of tech innovation while keeping costs manageable.