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Interested in adding some growth to your portfolio? For a closer look at some interesting stocks of the tech sector, we ran a screen.

We began by screening the tech sector for stocks that have outperformed the market over the last quarter, with quarterly performance above 10%.

Then we screened for those that may still be undervalued, by comparing price trends to changes in EPS estimates over the last month.

Based on the assumption that P/E is equal to a constant k, increases in EPS should be matched by increases in price. When they don't match up, a mispricing may have occurred.

We screened for stocks with faster growth in EPS estimates than price over the last month, which may indicate that these names are being undervalued.

(click to enlarge)

Tool provided by Kapitall.

Do you think these stocks should be trading higher? Use this list as a starting point for your own analysis.

List sorted by increase in EPS estimate over the last month.

1. Veeco Instruments Inc. (NASDAQ:VECO): Designs, manufactures, and markets equipment to make high brightness light emitting diodes, solar panels, hard-disk drives, and other devices. Market cap at $1.35B, most recent closing price at $34.01. Performance over the last quarter at 28.59%. The EPS estimate for the company's current year increased from 1.09 to 1.52 over the last 30 days, an increase of 39.45%. This increase came during a time when the stock price changed by 14.01% (from 30.19 to 34.42 over the last 30 days).

2. Kongzhong Corp. (KONG): Provides wireless interactive entertainment, media, and community services to mobile phone users in the People's Republic of China. Market cap at $290.43M, most recent closing price at $6.96. Performance over the last quarter at 34.17%. The EPS estimate for the company's current year increased from 0.46 to 0.63 over the last 30 days, an increase of 36.96%. This increase came during a time when the stock price changed by 18.42% (from 5.81 to 6.88 over the last 30 days).

3. Ellie Mae, Inc. Common Stock (NYSE:ELLI): Hosts an electronic mortgage origination network in the United States. Market cap at $345.82M, most recent closing price at $16.05. Performance over the last quarter at 91.74%. The EPS estimate for the company's current year increased from 0.33 to 0.44 over the last 30 days, an increase of 33.33%. This increase came during a time when the stock price changed by 26.7% (from 12.96 to 16.42 over the last 30 days).

4. Kimball International, Inc. (NASDAQ:KBALB): Manufactures and sells electronic assemblies and furniture in the United States and internationally. Market cap at $262.27M, most recent closing price at $6.96. Performance over the last quarter at 13.26%. The EPS estimate for the company's current year increased from 0.16 to 0.21 over the last 30 days, an increase of 31.25%. This increase came during a time when the stock price changed by 3.22% (from 6.83 to 7.05 over the last 30 days).

5. 3D Systems Corp. (NYSE:DDD): Engages in the design, development, manufacture, marketing, and servicing of 3D printers and related products, print materials, and services. Market cap at $1.59B, most recent closing price at $29.39. Performance over the last quarter at 38.75%. The EPS estimate for the company's current year increased from 0.91 to 1.07 over the last 30 days, an increase of 17.58%. This increase came during a time when the stock price changed by 7.83% (from 29.49 to 31.8 over the last 30 days).

6. Logitech International SA (NASDAQ:LOGI): Designs, manufactures, and markets hardware and software products that enable digital navigation, music and video entertainment, gaming, social networking, audio, and video communication over the Internet, video security, and home-entertainment control. Market cap at $1.98B, most recent closing price at $10.15. Performance over the last quarter at 22.22%. The EPS estimate for the company's current year increased from 0.64 to 0.75 over the last 30 days, an increase of 17.19%. This increase came during a time when the stock price changed by 6.11% (from 10.15 to 10.77 over the last 30 days).

7. CalAmp Corp. (NASDAQ:CAMP): Develops and markets wireless communications solutions that deliver data, voice, and video for critical networked communications and other applications in the United States. Market cap at $175.93M, most recent closing price at $6.01. Performance over the last quarter at 42.56%. The EPS estimate for the company's current year increased from 0.32 to 0.36 over the last 30 days, an increase of 12.5%. This increase came during a time when the stock price changed by 3.68% (from 5.98 to 6.2 over the last 30 days).

8. The KEYW Holding Corporation (NASDAQ:KEYW): Provides mission-critical cybersecurity and cyber superiority solutions to defense, intelligence, and national security agencies in the United States. Market cap at $233.02M, most recent closing price at $9.28. Performance over the last quarter at 28.45%. The EPS estimate for the company's current year increased from 0.08 to 0.09 over the last 30 days, an increase of 12.5%. This increase came during a time when the stock price changed by -2.34% (from 9.4 to 9.18 over the last 30 days).

9. Exar Corp. (NYSE:EXAR): Engages in the design, contract manufacture, and sale of silicon, software, and subsystem solutions for industrial, telecom, networking, and storage applications. Market cap at $352.91M, most recent closing price at $7.80. Performance over the last quarter at 12.29%. The EPS estimate for the company's current year increased from 0.17 to 0.19 over the last 30 days, an increase of 11.76%. This increase came during a time when the stock price changed by 0.63% (from 7.92 to 7.97 over the last 30 days).

10. Iridium Communications Inc. (NASDAQ:IRDM): Provides mobile voice and data communications services through satellites to businesses, the U. Market cap at $621.55M, most recent closing price at $8.46. Performance over the last quarter at 11.13%. The EPS estimate for the company's current year increased from 0.74 to 0.81 over the last 30 days, an increase of 9.46%. This increase came during a time when the stock price changed by -2.16% (from 8.79 to 8.6 over the last 30 days).

11. Pegasystems Inc. (NASDAQ:PEGA): Develops, markets, licenses, and supports software to automate business processes primarily in the United States, the United Kingdom, and Europe. Market cap at $1.19B, most recent closing price at $30.21. Performance over the last quarter at 11.72%. The EPS estimate for the company's current year increased from 0.89 to 0.97 over the last 30 days, an increase of 8.99%. This increase came during a time when the stock price changed by -14.14% (from 37.19 to 31.93 over the last 30 days).

12. Allot Communications Ltd. (NASDAQ:ALLT): Engages in developing, selling, and marketing Internet protocol service optimization solutions in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. Market cap at $802.67M, most recent closing price at $25.35. Performance over the last quarter at 44.03%. The EPS estimate for the company's current year increased from 0.56 to 0.61 over the last 30 days, an increase of 8.93%. This increase came during a time when the stock price changed by 7.58% (from 24.54 to 26.4 over the last 30 days).

13. Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM): Provides various telecommunication services to business and residential customers in Hawaii. Market cap at $181.76M, most recent closing price at $17.99. Performance over the last quarter at 12.91%. The EPS estimate for the company's current year increased from 2.38 to 2.58 over the last 30 days, an increase of 8.4%. This increase came during a time when the stock price changed by -12.84% (from 20.79 to 18.12 over the last 30 days).

14. LinkedIn Corporation (NYSE:LNKD): Operates an online professional network. Market cap at $10.14B, most recent closing price at $93.87. Performance over the last quarter at 12.96%. The EPS estimate for the company's current year increased from 0.63 to 0.68 over the last 30 days, an increase of 7.94%. This increase came during a time when the stock price changed by -7.85% (from 108.45 to 99.94 over the last 30 days).

15. Mellanox Technologies, Ltd. (NASDAQ:MLNX): Engages in the design, development, marketing, and sale of interconnect products primarily in North America, Israel, Europe, and Asia. Market cap at $2.42B, most recent closing price at $59.08. Performance over the last quarter at 56.38%. The EPS estimate for the company's current year increased from 2.12 to 2.25 over the last 30 days, an increase of 6.13%. This increase came during a time when the stock price changed by 2.65% (from 58.59 to 60.14 over the last 30 days).

16. Radware Ltd. (NASDAQ:RDWR): Provides application delivery solutions and network security solutions to banks, insurance companies, manufacturing and retail, government agencies, media companies, and service providers worldwide. Market cap at $728.85M, most recent closing price at $37.85. Performance over the last quarter at 14.87%. The EPS estimate for the company's current year increased from 1.66 to 1.76 over the last 30 days, an increase of 6.02%. This increase came during a time when the stock price changed by 1.46% (from 38.48 to 39.04 over the last 30 days).

17. Stratasys Inc. (NASDAQ:SSYS): Engages in the development, manufacture, and marketing of three dimensional printing, rapid prototyping, and direct digital manufacturing systems primarily in North America, Europe, and the Asia Pacific. Market cap at $1.03B, most recent closing price at $47.78. Performance over the last quarter at 31.22%. The EPS estimate for the company's current year increased from 1.24 to 1.31 over the last 30 days, an increase of 5.65%. This increase came during a time when the stock price changed by -4.98% (from 51.21 to 48.66 over the last 30 days).

18. Sykes Enterprises, Incorporated (NASDAQ:SYKE): Provides outsourced customer contact management solutions and services in the business process outsourcing arena. Market cap at $669.65M, most recent closing price at $14.98. Performance over the last quarter at 10.60%. The EPS estimate for the company's current year increased from 1.13 to 1.19 over the last 30 days, an increase of 5.31%. This increase came during a time when the stock price changed by -2.71% (from 15.85 to 15.42 over the last 30 days).

*EPS data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 18 Outperforming Tech Stocks Undervalued By EPS Trends