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10 Tech Stocks With Big Upside: Analysts

NEW YORK ( TheStreet) -- Apple (AAPL - Get Report), O2Micro International (OIIM - Get Report), Google (GOOG - Get Report), Longtop Financial Technologies (LFT), Hewlett-Packard Company (HPQ - Get Report), RDA Microelectronics (RDA), Cisco Systems (CSCO - Get Report), ChinaCache International (CCIH - Get Report), Xerox (XRX - Get Report), Micron Technologies (MU - Get Report) have upside potential of 22% to 150%, based on analysts' consensus estimates of 12-month price targets.

The Federal Reserve's decision to keep interest rates low rallied the U.S. stock markets. On Wednesday, the technology-heavy Nasdaq Composite Index touched its highest point since 2000, finally closed 22.3 points higher at 2869.9 points at close. A weak dollar could boost technology stocks after the dollar fell for the seventh consecutive day Wednesday, slipping around 0.9% to $1.478 against the euro.
Longtop, O2Micro International and Google are technology stocks with nearly 150% upside.

We have selected technology stocks that are expected to gain up to 150% over the next 12 months with a mean upside value of around 43%, according to analysts polled by Bloomberg. The stocks discussed here have analysts' buy ratings of 50% to 100%

In comparison, other stocks such as Intel (INTC), Yahoo! (YHOO), Oracle (ORCL), International Business Machines (IBM), Cognizant Technology Solutions (CTSH), and Dell (DELL) are expected to yield below 16%.

The stocks are stacked by upside, great to greatest.
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AAPL $93.99 0.31%
CCIH $6.90 0.15%
CSCO $25.11 1.74%
GOOG $682.40 -0.10%
HPQ $9.42 4.43%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

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