Are you interested in technology stocks that still have room for growth? Are you looking for the next Google or Apple? If so, here are some ideas to get you started on your search.
EPS growth (earnings per share growth) illustrates the growth of earnings per share over time. The 5-Year Expected EPS Growth Rate is a long term annual growth estimate, where the growth projections are made by analysts, the company or other credible sources.
We first looked for technology stocks. We then screened for businesses that have expected earnings per share growth of more than 25 percent for the next five years(5-year projected EPS Growth Rate>25%). From here, we then looked for companies that analysts rate as "Buy" (2 < mean recommendation < 3). We did not screen out any market caps.
Do you think these stocks will break through to new highs? Use our list to help with your own analysis.
1) Baidu, Inc. (BIDU)
|Industry:||Internet Information Providers|
Baidu, Inc. has a 5-Year Projected Earnings Per Share Growth Rate of 43.20%, and a Analysts' Rating of 1.70. The short interest was 1.43% as of 06/08/2012. Baidu, Inc. provides Internet search services. The company offers a Chinese language search platform on its Website, Baidu.com.
2) Bazaarvoice, Inc. (BV)
Bazaarvoice, Inc. has a 5-Year Projected Earnings Per Share Growth Rate of 30.00%, and a Analysts' Rating of 2.00. The short interest was 31.03% as of 06/08/2012. Bazaarvoice, Inc. provides various social commerce solutions in the United States and internationally. The company offers its solutions through Bazaarvoice, a Software-as-a-Service platform that enable clients to capture, display, and analyze online word of mouth, including consumer-generated ratings and reviews, questions and answers, stories, recommendations, photographs, videos, and other content about clients' brands, products, or services. Its Bazaarvoice Network solutions include BrandVoice, which enables brands to enter into distribution relationships allowing them to display review content on retail Websites within the network; and BrandAnswers that allows brands to interact directly with consumers on retail Websites within the network to answer questions and provide suggestions on alternative products.
3) Cohu, Inc. (COHU)
|Industry:||Semiconductor Equipment & Materials|
Cohu, Inc. has a 5-Year Projected Earnings Per Share Growth Rate of 27.00%, and a Analysts' Rating of 2.00. The short interest was 2.68% as of 06/08/2012. Cohu, Inc. engages in the development, manufacture, sale, and servicing of test handling and burn-in related equipment, and thermal sub-systems for the semiconductor industry worldwide. The company operates in three segments: Semiconductor Equipment, Microwave Communication Systems, and Video Cameras. The Semiconductor Equipment segment develops, manufactures, and sells pick-and-place semiconductor test handlers, burn-in related equipment, and thermal sub-systems to semiconductor manufacturers and semiconductor test subcontractors.
4) Atmel Corporation (ATML)
|Industry:||Semiconductor - Broad Line|
Atmel Corporation has a 5-Year Projected Earnings Per Share Growth Rate of 27.43%, and a Analysts' Rating of 2.10. The short interest was 6.66% as of 06/08/2012. Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit (IC) products. The company's Microcontrollers segment provides various proprietary and standard microcontrollers, such as Atmel's capacitive touch products, including maXTouch and QTouch, AVR 8-bit and 32-bit products, ARM-based products, and Atmel's 8051 8-bit products. Its Nonvolatile Memories segment offers serial interface electrically erasable programmable read-only memory and serial interface flash memory products; and parallel interface flash memories, as well as parallel interface electrically erasable programmable read-only memory and erasable programmable read-only memory devices.
5) China Unicom (Hong Kong) Limited (CHU)
China Unicom (Hong Kong) Limited has a 5-Year Projected Earnings Per Share Growth Rate of 51.75%, and a Analysts' Rating of 2.30. The short interest was 1.36% as of 06/08/2012. China Unicom (Hong Kong) Limited, an investment holding company, engages in the provision of GSM and WCDMA cellular, and related telecommunications services primarily in the People's Republic of China. The company offers cellular and fixed-line voice and related value-added services, broadband and other Internet-related services, information and communications technology services, business and data communications services, and domestic and international long distance and related services. It also provides e-payment services; mobile subscriber value-added services; advertising design, production, agency, and publication; magazine publishing; property management; project consultation and management; and telecommunications network construction, planning, and technical consulting services.
6) ChinaCache International Holdings Ltd. (CCIH)
|Industry:||Internet Information Providers|
ChinaCache International Holdings Ltd. has a 5-Year Projected Earnings Per Share Growth Rate of 30.00%, and a Analysts' Rating of 2.00. The short interest was 4.97% as of 06/08/2012. ChinaCache International Holdings Ltd. provides Internet content and application delivery services to businesses, government agencies, and enterprises in China. It offers Web Page Content Services to website operators; file transfer services; rich media streaming services that enable live streaming of media files; guaranteed application services for Websites that incorporate applications with features, such as on-line booking and ordering, real-time stock quotes, and on-line surveys; managed Internet data services; ChinaCache cloud services; and content bridging services. The company also provides various value-added services, such as geo-content acceleration services, performance evaluation module, scalable services routing services, link anti-hijack services, NetStorage services, user behavior analysis services, and Website performance evaluation services.
7) CEVA Inc. (CEVA)
|Industry:||Semiconductor - Specialized|
CEVA Inc. has a 5-Year Projected Earnings Per Share Growth Rate of 27.57%, and a Analysts' Rating of 1.90. The short interest was 8.66% as of 06/08/2012. CEVA, Inc., together with its subsidiaries, engages in licensing silicon intellectual property (SIP) for the handsets, mobile broadband, portable, and consumer electronics markets primarily in the United States, Europe, the Middle East, and the Asia Pacific. It designs and licenses DSP cores in the form of a hardware description language definition; a portfolio of application-specific platforms, including wireless baseband, audio, imaging and vision, voice over Internet protocols (VoIP), Bluetooth, and serial storage technology and serial attached SCSI; and development platforms, software development kits, and software debug tools that facilitate system design, debug, and software development. The company's intellectual property (IP) is used by semiconductor and original equipment manufacturer companies for application-specific integrated circuits and application-specific standard products.
8) Allot Communications Ltd. (ALLT)
|Industry:||Technical & System Software|
Allot Communications Ltd. has a 5-Year Projected Earnings Per Share Growth Rate of 25.60%, and a Analysts' Rating of 2.00. The short interest was 2.83% as of 06/08/2012. Allot Communications Ltd. engages in developing, selling, and marketing Internet protocol service optimization and revenue generation solutions in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. Its solutions are used to create policies to monitor network applications, enforce quality of service policies that guarantee mission-critical application performance, mitigate security risks, and leverage network infrastructure investments. The company offers traffic management systems, including Service Gateway platform for broadband service control and optimization based on DPI; and NetEnforcer traffic management system that inspects, monitors, and controls network traffic by application and by user.
9) ClickSoftware Technologies Ltd. (CKSW)
|Industry:||Internet Software & Services|
ClickSoftware Technologies Ltd. has a 5-Year Projected Earnings Per Share Growth Rate of 33.73%, and a Analysts' Rating of 1.80. The short interest was 1.60% as of 06/08/2012. ClickSoftware Technologies Ltd. provides software products and solutions for workforce management and optimization in the Americas, Israel, the Asia Pacific, Europe, the Middle East, and Africa. It offers Field Service Daily Suite that covers automatic decision making and optimization support to manage field service operations; Roster Suite, which covers shift planning needs for managers and employees; and ClickMobile and Mobility Suite that covers the needs of mobile individual and back-office staff for field data communication. The company also provides ClickSchedule that optimizes service scheduling and routing to improve workforce productivity; ClickAnalyze, which offers reporting, monitoring, and service business analytics for workforce performance measurement and strategic decision support; ClickLocate that captures the location information of a field service engineer and vehicle; ClickContact, a customer interaction management solution; ClickRoster that provides interactive and automated workforce shift planning based on forecasted workload; ClickPlan, which offers interactive and automated workforce planning for staffing and deployment; and ClickForecast that enable companies to project workforce capacity.
*Company profiles were sourced from Finviz. Financial data was sourced from Finviz and Google Finance.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.