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Tech is always an exciting sector, and even more so when growth opportunities still abound. Today, we focus on tech stocks that have strong projected growth on the horizon. To hone in on only the best stocks, we screened for only the companies that analysts rate as 'Buy', or 'Strong Buy'. We came up with a rather interesting list.

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. From here, we then looked for companies that analysts rate as "Buy" or "Strong Buy" (mean recommendation < 3). We next 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%). We did not screen out any market caps.

Do you think these stocks are undervalued? Please use our list to assist with your own analysis.

1) Youku Inc. (YOKU)

Sector:Technology
Industry:Internet Information Providers
Market Cap:$2.40B
Beta:-

Youku Inc. has a Analysts' Rating of 2.50, and a 5-Year Projected Earnings Per Share Growth Rate of 38.33%. The short interest was 7.91% as of 06/29/2012. Youku Inc. operates as an Internet television company in the People's Republic of China. Its Internet television platform enables consumers to search, view, and share video content across various devices. The company's services for users comprise online video content library consisting primarily of professionally produced content, including television serial dramas, movies, current event reports, variety shows, and music videos.

2) Tudou Holdings Limited (TUDO)

Sector:Technology
Industry:Internet Service Providers
Market Cap:$229.50M
Beta:-

Tudou Holdings Limited has a Analysts' Rating of 2.50, and a 5-Year Projected Earnings Per Share Growth Rate of 55.00%. The short interest was 1.93% as of 06/29/2012. Tudou Holdings Limited operates as an Internet video company in China. It provides an online platform that allows users to upload, watch, and share videos via the Internet. The company offers entertaining contents, including UGC content to upload, watch, and share UGC video clips; premium licensed content that includes TV series, movies, and various shows; and content developed in-house, which comprises daily or weekly short features, reality shows, and interviews on various topics, as well as shows featuring auto reviews and lifestyle trends.

3) Innodata Isogen Inc. (INOD)

Sector:Technology
Industry:Internet Software & Services
Market Cap:$166.45M
Beta:1.08

Innodata Isogen Inc. has a Analysts' Rating of 2.50, and a 5-Year Projected Earnings Per Share Growth Rate of 32.00%. The short interest was 0.16% as of 06/29/2012. Innodata Inc. engages in the provision of business process, technology, and consulting services, as well as products and solutions that help to create, manage, use, and distribute digital information. The company operates in two segments, Content Services [CS] and Innodata Advanced Data Solutions [IADS]. The CS segment offers services that support the creation, enhancement, and re-purposing of digital content that include conversion to digital text; data analysis and enhancement of legal, financial, medical, and technical information; information technology services related to digital content management and products; and consulting services to help clients with strategic and tactical aspects of digital content operations.

4) Rackspace Hosting, Inc. (RAX)

Sector:Technology
Industry:Information Technology Services
Market Cap:$5.67B
Beta:1.47

Rackspace Hosting, Inc. has a Analysts' Rating of 2.50, and a 5-Year Projected Earnings Per Share Growth Rate of 31.36%. The short interest was 9.30% as of 06/29/2012. Rackspace Hosting, Inc. provides cloud computing services, managing Web-based IT systems for small and medium-sized businesses, and large enterprises worldwide. Its service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer's requirements. The company offers dedicated cloud services comprising customer management portal and other management tools for managing the data center, network, hardware devices, and operating system software; and public cloud that provides pooled computing resources delivered on-demand over the Internet to manage a pool of computing resources across a larger base of customers and deliver computing resources to businesses when they need them.

5) LinkedIn Corporation (LNKD)

Sector:Technology
Industry:Internet Information Providers
Market Cap:$10.61B
Beta:-

LinkedIn Corporation has a Analysts' Rating of 2.40, and a 5-Year Projected Earnings Per Share Growth Rate of 76.54%. The short interest was 8.86% as of 06/29/2012. LinkedIn Corporation operates an online professional network. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities. Its platform also offers members with solutions, including applications and tools to search, connect, and communicate with business contacts, learn about career opportunities, join industry groups, research organizations, and share information.

6) Jive Software, Inc. (JIVE)

Sector:Technology
Industry:Application Software
Market Cap:$1.29B
Beta:-

Jive Software, Inc. has a Analysts' Rating of 2.50, and a 5-Year Projected Earnings Per Share Growth Rate of 30.00%. The short interest was 12.74% as of 06/29/2012. Jive Software, Inc. provides a social business software platform to businesses, government agencies, and other enterprises. Its Jive Engage Platform enables collaboration across two principal communities and employees within the enterprise, and customers and partners outside the enterprise. The company's Jive Engage Platform is used as a communications tool and collaborative workspace that supports and enhances knowledge sharing, facilitates communication within and across organizational boundaries, and enables individuals to work together to achieve common business goals.

*Company profiles were sourced from Finviz. Financial data was sourced from Finviz and Google Finance.

Source: 6 Tech Stocks Set For Growth And Backed With Analyst Confidence