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3 Penny Tech Stocks to Consider Buying Now

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thetradingadvisors.com

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newsletter@thetradingadvisors.com

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Thu, Sep 14, 2023 08:01 PM

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Despite a significant setback in the aftermath of the pandemic, the tech industry adeptly navigated

Despite a significant setback in the aftermath of the pandemic, the tech industry adeptly navigated through macroeconomic uncertainties and orchestrated a remarkable resurgence, propelled by major breakthroughs in the realms of Artificial Intelligence (AI) and cloud computing. Given the promising backdrop, in this article, I have highlighted three fundamentally robust penny tech stocks, Boxlight Corporation […] September 14, 2023 [Option Sensei] [3 Penny Tech Stocks to Consider Buying Now]( Despite a significant setback in the aftermath of the pandemic, the tech industry adeptly navigated through macroeconomic uncertainties and orchestrated a remarkable resurgence, propelled by major breakthroughs in the realms of Artificial Intelligence (AI) and cloud computing. Given the promising backdrop, in this article, I have highlighted three fundamentally robust penny tech stocks, Boxlight Corporation ([BOXL]( – [Get Rating]( Ceragon Networks Ltd. ([CRNT]( – [Get Rating]( and PCTEL, Inc. ([PCTI]( – [Get Rating]( which could offer investors an affordable entry point to capitalize on the industry tailwinds. Before diving into the fundamentals of the highlighted stocks, let us look at a few trends that are shaping the industry’s prospects. Within the broader scope of the technology industry, the communication and network sector has recently experienced a noteworthy transformation. This significant transformation has been propelled by the [emergence of revolutionary technologies]( like 5G, the Internet of Things (IoT), AI, and cloud computing. These groundbreaking advancements have opened up vast possibilities for companies to lead the way in creating novel services that cater to the ever-evolving demands of individuals and enterprises. Moreover, 5G technology assumes a pivotal role in shaping the future of communication, connectivity, and technology-driven sectors. The market size of 5G connections is projected to be around $106.64 billion in 2023, with an anticipated expansion to $990.33 billion by 2028, reflecting a [robust CAGR of 56.2%]( during the forecast period spanning from 2023 to 2028. Furthermore, as the 5G network holds the promise of unleashing the full potential of the technology sector, an increasing number of consumers are anticipated to adopt this system in the years ahead. The global 5G connections are on track to [surpass 1.90 billion by the year’s end](. Although penny stocks are associated with volatility, in light of these encouraging trends and prospects, these tech penny stocks could be affordable buys on the backs of their robust fundamentals. Let’s delve into these three [Technology – Communication/Networking]( stocks, beginning with number three… Continue reading at [STOCKNEWS.com]( SPONSOR [Hate losing money? Try this]( If you're tired of holding your breath every time you open your trading account... only to see red. If you're done shouldering the stress that comes from knowing there's really no easy solution to the financial mess America is in... and if you're finally ready to consider a common-sense approach to making money... one that could let you rake in massive winners of 96%...100%...and even 203%... FAST (even in today's topsy-turvy market)...     [You're going to love what I'm about to show you here.]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This is a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Wealthpop users . Wealthpop is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Wealthpop, and Wealthpop disclaims any liability for or arising from such statements and opinions. You are hereby advised that Wealthpop is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Wealthpop. All rights reserved. Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019

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