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Mid-cap stocks provide a unique investment opportunity, especially in the tech arena. By definition, mid caps still have room to grow to join the ranks of larger cap alternatives. In the winner-take-all tech world, strong growth is a key trait to look for, since it can mean the difference between owning a MySpace versus a Facebook (FB). Today, we screened for mid-cap tech companies that have strong projected growth on the horizon, and are backed by tech industry analysts. We think you'll find the list we came up with rather interesting.

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 mid-cap technology stocks. From here, we then looked for companies that have high future earnings per share growth forecasts (5-year projected EPS Growth Rate>25%). From here, we then looked for companies that analysts rate as "Buy" (2 < mean recommendation < 3).

Do you think these mid-cap stocks have more value to price in? Use this list as a starting-off point for your own analysis.

1) Equinix, Inc. (EQIX)

Sector:Technology
Industry:Telecom Services - Domestic
Market Cap:$8.51B
Beta:1.48

Equinix, Inc. has a 5-Year Projected Earnings Per Share Growth Rate of 29.57%, and an Analysts' Rating of 1.90. The short interest was 12.80% as of 07/06/2012. Equinix, Inc. provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle-East, Africa, and the Asia-Pacific. It connects businesses with partners and customers through a platform of data centers, containing dynamic ecosystems and the broadest choice of networks. The company offers data center services, including premium data center collocation services; interconnection services comprising physical cross-connect/direct interconnections, Internet exchange, metro connect, Internet connectivity services, and Ethernet exchange services; and outsourced IT infrastructure services.

2) Trimble Navigation Limited (TRMB)

Sector:Technology
Industry:Scientific & Technical Instruments
Market Cap:$6.01B
Beta:1.62

Trimble Navigation Limited has a 5-Year Projected Earnings Per Share Growth Rate of 26.25%, and an Analysts' Rating of 1.80. The short interest was 4.12% as of 07/06/2012. Trimble Navigation Limited provides positioning, wireless, and software technology solutions. The company's Engineering and Construction segment offers site positioning systems, construction asset management services, software, and wireless and Internet-based site communications infrastructure solutions that improve productivity, accuracy, safety, and environmental impact in the entire construction process; and productivity solutions for the building construction sectors, as well as designs and markets handheld data collectors, productivity survey and mapping equipment, and data collection software for field use. Its Field Solutions segment provides guidance and positioning systems, automated application systems, and information management solutions to improve crop performance, profitability, and environmental quality; and handheld data collectors that gather information in the field.

3) NXP Semiconductors NV (NXPI)

Sector:Technology
Industry:Semiconductor - Broad Line
Market Cap:$5.69B
Beta:-

NXP Semiconductors NV has a 5-Year Projected Earnings Per Share Growth Rate of 28.33%, and an Analysts' Rating of 2.00. The short interest was 1.02% as of 07/06/2012. NXP Semiconductors N.V. is a holding company. The company provides High Performance Mixed Signal and Standard Product solutions. Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The company operates in two segments: High Performance Mixed Signal and Standard Products and other reportable segment, Manufacturing Operations.

4) The Ultimate Software Group, Inc. (ULTI)

Sector:Technology
Industry:Internet Software & Services
Market Cap:$2.44B
Beta:1.39

The Ultimate Software Group, Inc. has a 5-Year Projected Earnings Per Share Growth Rate of 25.43%, and an Analysts' Rating of 2.40. The short interest was 6.89% as of 07/06/2012. The Ultimate Software Group, Inc., together with its subsidiaries, designs, develops, and markets unified human capital management software-as-a-service solutions to businesses in the United States and Canada. Its UltiPro software solution offers businesses with cloud-based functionality to manage the employment life cycle from recruitment to retirement. The UltiPro solution includes feature sets for talent acquisition and onboarding, human resource management and compliance, benefits management and online enrollment, payroll, performance management, salary planning and budgeting for compensation management, succession management, reporting and analytical decision-making tools, and time and attendance, as well as role-based access for executives, managers, administrators and employees.

5) SXC Health Solutions, Corp. (SXCI)

Sector:Technology
Industry:Application Software
Market Cap:$6.64B
Beta:0.60

SXC Health Solutions, Corp. has a 5-Year Projected Earnings Per Share Growth Rate of 29.66%, and an Analysts' Rating of 1.90. The short interest was 8.80% as of 07/06/2012. SXC Health Solutions Corp. provides pharmacy benefit management (PBM) services and healthcare information technology solutions in North America. The company provides informedRx, a suite of PBM services; and RxCLAIM, an online transaction processing system to provide online adjudication of third-party prescription drug claims at the point of service, such as claims management and review, as well as payment and billing support. It also offers other products, which include RxMAX, a rebate management system designed to assist health plans in managing their relationships with pharmaceutical manufacturers; RxTRACK, a data warehouse and analysis system delivering information to the desktop of health benefit plan providers; RxPORTAL, which allows customers to interact with the patient's formulary and drug history; and RxEXPRESS, a pharmacy practice management application that provides information processing and workflow solutions supporting mail-order, managed care and pharmacies.

6) Procera Networks, Inc. (PKT)

Sector:Technology
Industry:Business Software & Services
Market Cap:$2.89B
Beta:1.49

Procera Networks, Inc. has a 5-Year Projected Earnings Per Share Growth Rate of 30.00%, and an Analysts' Rating of 1.60. The short interest was 12.49% as of 07/06/2012. Procera Networks, Inc. provides intelligent policy enforcement solutions based on deep packet inspection technology that enable mobile and broadband network operators and entities to manage private networks. Its products comprise PacketLogic Subscriber Manager that integrates PacketLogic with network management and operation systems, as well as enables policy enforcement, per-user tracking, and knowledge of where the user connects in the network; PacketLogic Intelligence Center, which provides the visualization of the application and subscriber intelligence gathered by deployed PacketLogic systems; and PacketLogic Real-Time Enforcement Platform that utilizes multiple hardware platforms, which run the same operating software. The company offers its products under the PacketLogic brand name.

Company profiles were sourced from Finviz. Financial data was sourced from Finviz.

Source: 6 Mid-Cap Tech Stocks Set For Strong Growth