NEW YORK ( TheStreet) -- Cirrus Logic (CRUS), Magma Design Automation (LAVA), Amtech Systems (ASYS), Atmel Corp (ATML), Spreadtrum Communications (SPRD), Westell Technologies (WSTL - Get Report), AXT Inc (AXTI - Get Report), MIPS Technologies (MIPS), Magic Software (MGIC - Get Report) and UniTek Global Services (UNTK) are 10 technology stocks expected to return up to 115%, based on their respective 12-month price targets.During the past one year, these stocks have recorded exponential gains outperforming both their peers and the S&P 500. The stocks have gained anywhere between 100%-300% and are expected to have further upsides, according to analysts. Moreover, most of these stocks are trading at single-digit PEs much lower than the S&P 500 which is trading at a PE of 15.35.
10. Cirrus Logic is a premier supplier of high-precision analog and digital signal processing components for audio and energy markets. It develops ICs, board-level modules and hybrids for high-power amplifier applications branded as the Apex Precision Power line of products. The stock has gained 164% during the past one year.