5 Undervalued And Oversold Tech Stocks Being Bought Up By Hedge Funds

Do you like to look for underestimated and potentially undervalued stocks? For ideas on how to start your own value stock search, we ran a screen. We began by screening the tech sector for stocks that appear undervalued relative to earnings growth, with PEG below 1. We also screened for those that are technically oversold, with relative strength index ratings over the last 14 days below 40. We then screened these names for those with bullish sentiment from institutional investors, with significant net institutional purchases over the last quarter representing at least 5% of share float. This indicates that institutional investors such as hedge fund managers and mutual fund managers expect these names to outperform. Interactive Chart: Press Play to compare changes in market cap over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the SP 500 index over the last month. To access a complete analysis of this list’s recent performance, click here. <img src="http://sentirate.com/wp-content/plugins/rss-poster/cache/1a082_666527-13361824398605928-Kapitall.png" hspace="6" vspace="6" …..

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