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Smoke Screen? Searching For Tech 'Growth/Value' Plays

 

It's tempting to fish for bargains in the tech sector's bloody big-cap pool, but it's far from easy.

OK, the tech-laden Nasdaq Composite is down more than 45% from its March 10 high and many big PC and computer chip shops are looking like they're on sale.

For this week's Big Screen we made a quick and dirty pass through big-cap tech-land. We trolled for tech companies that might have that magic combination of earnings growth and a battered stock. We sifted U.S. big-cap tech stocks for those with estimated annual earnings growth over the next five years that tops 20%, a stock price at least 40% off its 52-week high and a forward price-to-earnings ratio pricetoearnings of less than 35 -- roughly half that of the average tech stock, according to Morningstar. ...

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