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If you are looking to buy technology stocks, this list may offer an interesting starting point for your watcnlist.

To compile this list we looked for technology stocks with he following characteristics:

  • Market cap above $100M
  • Price to Earnings To Growth ratio from 0.7 – 1
  • Trading at discount below 10% from analysts’ estimates

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Although this may be a simple way to find undervalued names, it certainly provides you with a great starting point for your own analysis.

Knowing this data, which of these stocks are you most bullish about?

1. RF Micro Devices Inc. (NASDAQ:RFMD): Semiconductor Industry. Market cap of $1.70B. PEG at 0.89. According to analysts' estimates this stock is trading at a discount of -28.09%, when comparing the current price of $6.17 vs. their target price of $8.58. This is a risky stock that is significantly more volatile than the overall market (beta = 2.5). The stock has gained 9.79% over the last year.

2. Funtalk China Holdings Limited (NASDAQ:FTLK): Communication Equipment Industry. Market cap of $333.26M. PEG at 0.75. According to analysts' estimates this stock is trading at a discount of -27.7%, when comparing the current price of $6.42 vs. their target price of $8.88. The stock has lost 1.83% over the last year.

3. iGATE Corporation (NASDAQ:IGTE): Information Technology Services Industry. Market cap of $948.02M. PEG at 0.94. According to analysts' estimates this stock is trading at a discount of -26.67%, when comparing the current price of $16.72 vs. their target price of $22.8. The stock has performed poorly over the last month, losing 10.11%.

4. Marvell Technology Group Ltd. (NASDAQ:MRVL): Semiconductor Industry. Market cap of $10.03B. PEG at 0.78. According to analysts' estimates this stock is trading at a discount of -26.13%, when comparing the current price of $15.83 vs. their target price of $21.43. The stock has lost 27.52% over the last year.

5. OYO Geospace Corp. (OYOG): Scientific & Technical Instruments Industry. Market cap of $587.21M. PEG at 0.76. According to analysts' estimates this stock is trading at a discount of -24.64%, when comparing the current price of $95.95 vs. their target price of $127.33. The stock has gained 86.09% over the last year.

6. Kongzhong Corp. (KONG): Multimedia & Graphics Software Industry. Market cap of $302.63M. PEG at 0.87. According to analysts' estimates this stock is trading at a discount of -24.18%, when comparing the current price of $8.59 vs. their target price of $11.33. The stock has performed poorly over the last month, losing 11.44%.

7. Mobile Telesystems OJSC (NYSE:MBT): Wireless Communications Industry. Market cap of $19.86B. PEG at 0.87. According to analysts' estimates this stock is trading at a discount of -23.77%, when comparing the current price of $20.72 vs. their target price of $27.18. The stock has lost 10.42% over the last year.

8. Apple Inc. (NASDAQ:AAPL): Personal Computers Industry. Market cap of $325.22B. PEG at 0.84. According to analysts' estimates this stock is trading at a discount of -21.14%, when comparing the current price of $353.01 vs. their target price of $447.64. The stock has had a couple of great days, gaining 7.8% over the last week.

9. Flextronics International Ltd. (NASDAQ:FLEX): Printed Circuit Boards Industry. Market cap of $5.55B. PEG at 0.88. According to analysts' estimates this stock is trading at a discount of -21.0%, when comparing the current price of $7.3 vs. their target price of $9.24. This is a risky stock that is significantly more volatile than the overall market (beta = 2.34). The stock has lost 10.1% over the last year.

10. Lattice Semiconductor Corporation (NASDAQ:LSCC): Semiconductor Industry. Market cap of $793.63M. PEG at 0.7. According to analysts' estimates this stock is trading at a discount of -20.94%, when comparing the current price of $6.72 vs. their target price of $8.5. The stock has had a couple of great days, gaining 13.32% over the last week.

11. Schawk Inc. (NYSE:SGK): Processing Systems & Products Industry. Market cap of $480.78M. PEG at 0.99. According to analysts' estimates this stock is trading at a discount of -19.26%, when comparing the current price of $18.57 vs. their target price of $23.0. The stock has lost 4.23% over the last year.

12. Sanmina-SCI Corp. (NASDAQ:SANM): Printed Circuit Boards Industry. Market cap of $917.83M. PEG at 0.79. According to analysts' estimates this stock is trading at a discount of -17.86%, when comparing the current price of $11.45 vs. their target price of $13.94. This is a risky stock that is significantly more volatile than the overall market (beta = 3.06). The stock has had a couple of great days, gaining 7.82% over the last week.

13. First Solar, Inc. (NASDAQ:FSLR): Semiconductor Industry. Market cap of $11.60B. PEG at 0.83. According to analysts' estimates this stock is trading at a discount of -16.07%, when comparing the current price of $134.71 vs. their target price of $160.51. The stock is a short squeeze candidate, with a short float at 28.61% (equivalent to 8.54 days of average volume). The stock has performed poorly over the last month, losing 10.3%.

14. SanDisk Corp. (NASDAQ:SNDK): Semiconductor Industry. Market cap of $11.78B. PEG at 0.74. According to analysts' estimates this stock is trading at a discount of -15.71%, when comparing the current price of $49.78 vs. their target price of $59.06. The stock has had a couple of great days, gaining 6.41% over the last week.

15. Intel Corporation (NASDAQ:INTC): Semiconductor Industry. Market cap of $118.15B. PEG at 0.91. According to analysts' estimates this stock is trading at a discount of -15.32%, when comparing the current price of $21.94 vs. their target price of $25.91. Offers a good dividend, and appears to have good liquidity to back it up--dividend yield at 3.3%, current ratio at 1.97, and quick ratio at 1.62. The stock has had a couple of great days, gaining 11.09% over the last week.

16. Synaptics Inc. (NASDAQ:SYNA): Computer Peripherals Industry. Market cap of $947.51M. PEG at 0.75. According to analysts' estimates this stock is trading at a discount of -15.3%, when comparing the current price of $27.95 vs. their target price of $33.0. The stock is a short squeeze candidate, with a short float at 29.65% (equivalent to 20.56 days of average volume). The stock has had a couple of great days, gaining 7.58% over the last week.

17. Telecom Argentina S A (NYSE:TEO): Diversified Communication Services Industry. Market cap of $4.47B. PEG at 0.97. According to analysts' estimates this stock is trading at a discount of -14.69%, when comparing the current price of $22.7 vs. their target price of $26.61. The stock has gained 28.25% over the last year.

18. Corning Inc. (NYSE:GLW): Diversified Electronics Industry. Market cap of $31.74B. PEG at 0.77. According to analysts' estimates this stock is trading at a discount of -14.65%, when comparing the current price of $20.27 vs. their target price of $23.75. The stock has lost 2.03% over the last year.

19. NVE Corp. (NASDAQ:NVEC): Semiconductor Industry. Market cap of $274.56M. PEG at 0.84. According to analysts' estimates this stock is trading at a discount of -14.09%, when comparing the current price of $57.56 vs. their target price of $67.0. The stock has gained 20.54% over the last year.

20. Novellus Systems, Inc. (NASDAQ:NVLS): Semiconductor Equipment & Materials Industry. Market cap of $3.08B. PEG at 0.95. According to analysts' estimates this stock is trading at a discount of -13.7%, when comparing the current price of $34.52 vs. their target price of $40.0. The stock has gained 26.35% over the last year.

21. Neutral Tandem, Inc. (NASDAQ:TNDM): Wireless Communications Industry. Market cap of $508.09M. PEG at 0.9. According to analysts' estimates this stock is trading at a discount of -13.66%, when comparing the current price of $15.29 vs. their target price of $17.71. The stock is a short squeeze candidate, with a short float at 11.8% (equivalent to 8.5 days of average volume). The stock has lost 12.38% over the last year.

22. SMART Modular Technologies Inc. (NASDAQ:SMOD): Semiconductor Industry. Market cap of $518.95M. PEG at 0.89. According to analysts' estimates this stock is trading at a discount of -13.16%, when comparing the current price of $8.18 vs. their target price of $9.42. This is a risky stock that is significantly more volatile than the overall market (beta = 2.27). The stock has had a good month, gaining 14.5%.

23. Cymer Inc. (NASDAQ:CYMI): Semiconductor Equipment & Materials Industry. Market cap of $1.47B. PEG at 0.79. According to analysts' estimates this stock is trading at a discount of -12.0%, when comparing the current price of $48.4 vs. their target price of $55.0. The stock is a short squeeze candidate, with a short float at 6.8% (equivalent to 5.03 days of average volume). The stock has performed poorly over the last month, losing 10.24%.

24. KVH Industries Inc. (NASDAQ:KVHI): Communication Equipment Industry. Market cap of $238.52M. PEG at 0.96. According to analysts' estimates this stock is trading at a discount of -11.45%, when comparing the current price of $16.16 vs. their target price of $18.25. The stock is a short squeeze candidate, with a short float at 6.36% (equivalent to 10.22 days of average volume). Exhibiting strong upside momentum--currently trading 7.23% above its SMA20, 13.13% above its SMA50, and 19.87% above its SMA200. The stock has had a couple of great days, gaining 6.95% over the last week.

25. Atmel Corporation (NASDAQ:ATML): Semiconductor Industry. Market cap of $6.73B. PEG at 0.89. According to analysts' estimates this stock is trading at a discount of -11.38%, when comparing the current price of $14.72 vs. their target price of $16.61. The stock has had a couple of great days, gaining 10.26% over the last week.

*Data sourced from Finviz.

Source: 25 Deeply Undervalued Tech Stocks for Your Watchlist