Here at Zacks, we don’t generally classify stocks as “cheap” or “expensive”, and rather than looking at the stock’s face value, we have a system that puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.

That being said, low-priced stocks can be attractive to smaller investors that can’t necessarily afford large stakes in companies with higher priced stocks. When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and apply the Zacks Rank to properly analyze the potential that these companies have.

Today we’ve highlighted three stocks that fall under the broad “technology sector.” Each of these three stocks is currently trading for less than $10 per share and holds a Zacks Rank #1 (Strong Buy). Take a look at the strong estimate revision activity and other factors that make these companies stick out right now:

1.       MiX Telematics (MIXT - Free Report)

Prior Close: $6.35

MiX Telematics is a provider of vehicle tracking services for the consumer and commercial vehicle market worldwide. Over the past 30 days, we have seen one positive estimate revision for the company’s current-quarter earnings, which has brought our Zacks Consensus Estimate one penny higher. Based on current estimates, we expect MiX to post sales growth of 12.06% and EPS growth 116.67% this quarter. It is also worth noting that MiX currently has an “A” grade in every category of our Style Scores system.

2.       EMCORE Corporation (EMKR - Free Report)

Prior Close: $8.50

Emcore is a provider of compound semiconductor-based products for the broadband, fiber optic, satellite, and terrestrial solar power markets. We’ve seen impressive estimate revision activity for the company recently, with four positive revisions coming in over past 60 days. This has helped push Emcore’s current-quarter Zacks Consensus Estimate four cents higher. This stock has gained over 55% in the past 12 weeks, and that growth could continue if Emcore can post its projected sales growth of 29.06% and EPS growth of 150%.

3.       Ultra Clean Holdings (UCTT - Free Report)

Prior Close: $10.00

Ultra Clean is a developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries. The Zacks Consensus Estimate for the company’s current-quarter earnings stands at 19 cents per share right now, which is not only 11 cents higher than it was 90 days ago, but also astronomically improved from its year-ago EPS of -$0.01. Current estimates also indicate that Ultra Clean could see sales growth of about 43% this quarter. The company also has a VGM score of “A.”

Bottom Line

A stock’s market price is not a clear indicator of whether it is a good investment. However, the nice thing about the Zacks Rank is that it can be applied to stocks of any price. All of the stocks highlighted here hold a Zacks Rank #1 (Strong Buy) rankings, while also possessing other qualities that help them stick out. For smaller investors looking to find solid tech stocks at lower prices, this list is a great place to start.