Are you interested in technology stocks that still have room for growth? Are you looking for the next Google or Apple? If so, why not focus in on companies that the analysts can't recommend enough? Keeping these ideas in mind, we ran a screen 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. From here, we then looked for companies with estimated high-growth, with 5-year projected EPS growth above 25%. We then screened for businesses that analysts rate as "Strong Buy" (mean recommendation < 2). We did not screen out any market caps.
Do you think these stocks will outperform? Use our screened list as a starting point for your own analysis.
1) Qihoo 360 Technology Co. Ltd (NYSE:QIHU)
|Industry:||Internet Service Providers|
Qihoo 360 Technology Co. Ltd has a 5-Year Projected Earnings Per Share Growth Rate of 43.17%, and a Analysts' Rating of 1.50. The short interest was 13.36% as of 07/01/2012. Qihoo 360 Technology Co. Ltd. provides Internet and mobile security products in the People's Republic of China. Its principal products include 360 Safe Guard, an Internet security product for Internet security and system optimization; 360 Anti-Virus, an anti-virus application to protect users' computers against trojan horses, viruses, worms, adware, and other forms of malware; and 360 Mobile Safe, a security program for the Google Android, Apple iOS, and Nokia Symbian smartphone operating systems.
2) OYO Geospace Corp. (OYOG)
|Industry:||Scientific & Technical Instruments|
OYO Geospace Corp. has a 5-Year Projected Earnings Per Share Growth Rate of 37.00%, and a Analysts' Rating of 1.40. The short interest was 3.54% as of 07/01/2012. OYO Geospace Corporation engages in the design and manufacture of instruments and equipment used in the acquisition and processing of seismic data; and characterization and monitoring of producing oil and gas reservoirs. It also designs, manufactures, and distributes thermal imaging equipment and thermal media products for the screen print, point of sale, signage, and textile markets. The company's seismic products consist of land and marine nodal seismic data acquisition systems; multi-component geophones and hydrophones; seismic leader wires; geophone string and acquisition system connectors; seismic telemetry cables; marine seismic cable retrieval and steering devices; and data acquisition systems. It also provides permanently installed high-definition reservoir characterization products for ocean-bottom applications in producing oil and gas fields; and produces seismic borehole acquisition systems, which employ a fiber optic augmented wireline capable of high data transmission rates.
3) Neonode, Inc. (NASDAQ:NEON)
Neonode, Inc. has a 5-Year Projected Earnings Per Share Growth Rate of 40.00%, and a Analysts' Rating of 1.00. The short interest was 3.12% as of 07/01/2012. Neonode Inc. provides optical infrared touch screen solutions for handheld and small to midsized consumer and industrial electronic devices in Sweden and internationally. The company's touch screen solutions are based on its patented zForce, an optical infrared touch screen technology that supports one-handed navigation, allowing the user to operate the functionality with finger gestures passing over the screen; and Neno, a software-based user interface. It licenses its touch screen technology to original equipment manufacturers and original design manufacturers to imbed into electronic devices, such as mobile phones, e-Readers, household appliances, printers and other office equipment, GPS devices, automobile consoles, games and toys, and tablet personal computers.
4) Glu Mobile, Inc. (NASDAQ:GLUU)
|Industry:||Multimedia & Graphics Software|
Glu Mobile, Inc. has a 5-Year Projected Earnings Per Share Growth Rate of 33.75%, and a Analysts' Rating of 1.50. The short interest was 21.91% as of 07/01/2012. Glu Mobile Inc. designs, markets, and sells mobile games worldwide. It develops original games based on its intellectual property comprising Big Time Gangsta', Blood & Glory, Bug Village, Contract Killer, Contract Killer: Zombies, Eternity Warriors, Frontline Commando, Gun Bros, Men vs. Machines, Stardom: The A-List, Super K.
5) Velti Plc (VELT)
|Industry:||Business Software & Services|
Velti Plc has a 5-Year Projected Earnings Per Share Growth Rate of 34.00%, and a Analysts' Rating of 1.40. The short interest was 19.81% as of 07/01/2012. Velti plc engages in the provision of mobile marketing and advertising technology and solutions for brands, advertising agencies, mobile operators, and media companies in Europe, the Americas, Asia, and Africa. Its Velti mGage platform allows its customers to use mobile and traditional media, such as television, print, radio, and outdoor advertising to plan, execute, monitor, and measure mobile marketing and advertising campaigns that reach consumers through mobile Internet applications. The company's products include Velti mGage Visualize that offers the ability to track the performance of mobile, traditional, and Internet-based media campaigns; Velti mGage Reach, which manages advertising inventories and media buys for advertisers and publishers; Velti mGage Create that enables the design and development of mobile Websites, mobile portals, rich media creation, landing pages, and micro-sites through a drag and drop graphical user interface; and Velti mGage Interact, which provides customer relationship management functionality to enable brands and advertising agencies to build engagement with its customers.
*Company profiles were sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.