6 High-Growth Tech Stocks Undervalued By EPS Trends
By Kapitall:Do you want to add some growth to your portfolio? For ideas on how to start your search, we ran a screen. Based on the theory that P/E is equal to a constant k, changes in EPS should be matched by proportionate increases in price. When they don't match up, a mispricing may have occurred. That is, if EPS rises faster than price, there may be more value left to price in. We ran a screen on the tech sector for high-growth stocks, wit 5-year projected EPS growth above 20%. We then screened for those that appear undervalued relative to EPS trends, with higher growth in EPS than price over the last month.
Interactive Chart: Press Play to compare changes in market cap over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.
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