5 Stocks With 30%-60% Upside Right Now

Good morning. Here's what you need to know.

By Brian Nichols:This earnings season has been filled with disappointments that are seemingly fueling much of the fear of a slowing economy. Up until this point the market has ignored the problems that caused mass selling pressure during the final six months of 2011, as most sectors have returned very large gains in 2012. However, the problems in Europe are real, and I think we are now seeing a slowdown in corporate earnings as a result of the economic problems taking place in Europe.

By Brian Nichols:The major indices each posted large gains on Tuesday to build on the market's last five days of success. And now that the Greek and Italian Prime Ministers are set to resign the markets could trend higher over the next few weeks. Several stocks have traded with extreme volatility over the last week and have caught my attention as an investor.

Rougemont submits: These dirt cheap biotech companies all have interesting products in the pipeline which could become major catalysts in the future. The lower priced stocks tend to have more risk, but far more potential reward. The stocks below are trading at valuations that appear to be a buying opportunity that could provide for very substantial gains. Many of these stocks fell from their long term highs, on clinical disappointments, analyst downgrades, product concerns or other issues.

By Brian Nichols:Over the last month I've been searching for stocks that have lost significant value but have reached resistance. And with volatility being at a high there are many stocks that have fallen but are now showing upside. Therefore I have listed 5 stocks that I believe will post gains over the next week that present significantly more upside than downside.

By Brian Nichols:The technology sector is one of the worst performing sectors in the market over the last 6 months. During the last 6 months it has lost nearly 18% of its value compared to the S&P 500, which has lost 6% of its value. A large portion of its loss is a result of weak performance by the Semiconductors industry which has lost its momentum over the last 9 months.

By Brian Nichols:We experienced another crazy week in the market to bring our total loss to more than 14% on the dow jones. As I watch this unfold I am left seeing several stocks that are oversold, which are going to return massive gains when this market reverses. Nearly all sectors have been affected by this widespread panic but I believe that technology has been hit among the hardest with several great companies offering a bargain price.

Osman Gulseven submits:The technology sector is an extremely dynamic sector which always offers new opportunities to investors. That is why it is one of the best sectors for speculative investing. Stocks of this sector may provide some quite impressive returns at times. Recently, we introduced the discounted earnings model to estimate fair values for technology stocks.