Monday, July 2, 2012

6 Tech Stocks Set For Growth And Backed With Analyst Confidence


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
... Read the rest at SeekingAlpha.com

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