Diversify your portfolio with affordable tech stocks. Here are two companies with shares under $20.
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PALANTIR TECH (PLTR)
Palantir (PLTR) is a market leader in artificial intelligence (AI). Its AI-first approach to data processing software makes it a top pick.
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In Q2, Palantir's revenue increased by 13% to $533 million, with government contracts accounting for more than half.
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Also, Palantir's stock is up nearly 140% year to date. Trading at 15 times sales, it remains a top AI pick available for around $15 per share.
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dLocal (DLO)
dLocal (DLO) addresses payment infrastructure issues in emerging economies, enabling merchants to process payments in 37 countries, serving clients like Nike, and Amazon.
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dLocal's processed payment volume rose by 80% year over year to $4.4 billion in Q2, driving a 59% increase in revenue.
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After solid Q2 results, dLocal's stock jumped by nearly 40%. Still available for under $20 per share, it trades for 33 times forward earnings, making it an excellent buy now.
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CONCLUSION
Palantir and dLocal operate in high-growth tech areas and have stocks accessible to small investors.