NEW YORK ( TheStreet) -- These 10 foreign technology stocks we list here have 29%-139% upside from current levels, based on analysts' consensus estimates of price targets.
In comparison, technology giants Apple (AAPL), Microsoft (MSFT), Google (GOOG), IBM (IBM), Oracle (ORCL), Intel (INTC), Cisco Systems (CSCO) and Hewlett-Packard (HPQ) are expected to return between 4% and 25% over the next 12 months, based on consensus estimates of analysts polled by Bloomberg.
Most of these 10 stocks have favorable buy recommendations, indicating analysts' preference. Although ZST Digital Networks (ZSTN), China TransInfo Technology (CTFO), Telestone Technologies (TSTC), Zoom Technologies (ZOOM), and UTStarcom (UTSI) have enormous upside potential, we have not included these stocks as only one or two analysts cover these stocks. Meanwhile, China Finance Online (JRJC) and CDC (CHINA) are not considered because of their low buy ratings.