Top Nanotech Value Plays

Here's another way to find value in this volatile market.
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Updated from 7:59 a.m. EDT

Nano means extremely small; in mathematics, it means one billionth. Nanotechnology is the science of manufacturing and utilizing extremely small particles and devices, sometimes as small as single atoms and molecules.

A nanometer is one-billionth of a meter, which is approximately 80,000 times thinner than a human hair. Nanomaterials include carbon nanotubes used in electronics, body armor and cancer treatments; nanoclays, which are used in composite materials; and nanoscale metals, alloys and oxides, used in the energy and renewable-energy industries.

The following stocks in the nanotechnology field, including

Boeing

(BA) - Get Report

and

RF Micro Devices

(RFMD)

, all have market caps over $1 billion and are ranked by PEG ratio.

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A note from James Altucher:Every weekend I send an email to Jim Cramer and several hedge fund managers about the most interesting portfolios posted on Stockpickr that week. Usually those portfolios not only list stocks according to atheme but also offer significant analysis as to why the stocks are cheap.Here are some examples: Here's the challenge: Build a portfolio at Stockpickr.com with greatanalysis, and send me the link. Each great portfolio (with analysis)will get posted on TheStreet.com with your byline (as a "StockpickrGuest Columnist") and will be included in my email I send to Jim and the otherhedge fund managers on my list.

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