If you’re interested in high-growth stocks from the tech sector, you may be interested in this list.
We ran a screen on stocks from the tech sector for those trading under $5. We then screened for those with 5-year projected EPS growth above 20%.
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.
We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.
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Do you think these companies will see such high growth? Use this list as a starting-off point for your own analysis.
List sorted by market cap.
1. Yingli Green Energy Holding Co. Ltd. (YGE): Engages in the design, development, manufacture, marketing, sale, and installation of photovoltaic (PV) products in the People's Republic of China and internationally. Market cap of $677.05M. Price at $4.36. PEG at 0.12. 5-year projected EPS growth at 20.80%. This is a risky stock that is significantly more volatile than the overall market (beta = 3.08). It's been a rough couple of days for the stock, losing 23.57% over the last week.
2. Hanwha SolarOne, Ltd. (HSOL): Provides various energy solutions including silicon ingots, wafers, monocrystalline and polycrystalline solar cells, and solar modules. Market cap of $252.69M. Price at $3.03. PEG at 0.16. 5-year projected EPS growth at 22.50%. This is a risky stock that is significantly more volatile than the overall market (beta = 2.61). It's been a rough couple of days for the stock, losing 9.61% over the last week.
3. Zix Corp. (ZIXI): Provides Internet-based applications in software as a service model that enables the use of secure email for sensitive information exchange primarily in the healthcare, financial services, insurance, and government sectors in the United States. Market cap of $198.68M. Price at $3.25. PEG at 0.22. 5-year projected EPS growth at 21.88%. The stock is a short squeeze candidate, with a short float at 12.8% (equivalent to 10.79 days of average volume). The stock has gained 8.39% over the last year.
4. Kongzhong Corp. (KONG): Provides wireless interactive entertainment, media, and community services to mobile phone users in the People's Republic of China. Market cap of $138.67M. Price at $3.82. PEG at 0.84. 5-year projected EPS growth at 21.0%. The stock is currently stuck in a downtrend, trading 8.37% below its SMA20, 17.76% below its SMA50, and 43.37% below its SMA200. It's been a rough couple of days for the stock, losing 11.08% over the last week.
5. China Techfaith Wireless Communication Technology Limited (CNTF): Operates as an original developed products provider that is focused on the original design and sale of mobile phones in the People's Republic of China and internationally. Market cap of $117.50M. Price at $2.14. PEG at 0.14. 5-year projected EPS growth at 25.0%. It's been a rough couple of days for the stock, losing 13.28% over the last week.
6. China Information Technology, Inc. (CNIT): Provides integrated solutions for the geographic information systems (GIS), digital public security technology (DPST), and the digital hospital information systems markets in the People's Republic of China. Market cap of $61.59M. Price at $1.19. PEG at 0.08. 5-year projected EPS growth at 23.0%. It's been a rough couple of days for the stock, losing 7.14% over the last week.
*Data sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
