Looking Beyond Semiconductors? These 8 Tech Stocks Offer Up to 60% Upside | Investing.com

• Semiconductor shares rebounded on Monday after a pointy drop
• Nevertheless, valuations within the sector stay a trigger for concern
• Which different US tech shares are at the moment value traders’ consideration?

US semiconductor shares staged a powerful rebound on Monday after one of many sector’s worst weeks of the yr.

The largest gainers amongst US chipmakers with market values above $10 billion had been (+11.2%), (+9.9%), (+9.6%), (+9.3%), (+9.2%), and (+8.6%).

The rally adopted a pointy selloff on Friday, when the dropped 4.2%, and the fell 10%, its worst every day decline in additional than six years.

A lot of Monday’s restoration gave the impression to be pushed by dip-buying after the steep losses, whereas a modest easing of Center East tensions additionally helped enhance sentiment. Firm-specific developments offered further assist. Marvell gained after its upcoming inclusion within the S&P 500, whereas Intel continued to profit from optimism round AI inference alternatives and foundry contracts with main prospects, regardless of ongoing losses in that enterprise.

Nevertheless, regardless of the rebound, a key concern stays valuation. Based on InvestingPro Truthful Worth estimates, all six of those semiconductor shares nonetheless seem considerably overvalued.

Based on InvestingPro Truthful Worth estimates, Intel carries draw back potential of 44.5%, adopted by Astera Labs at 41.3%, Marvell at 38%, KLA Corp at 36.6%, Utilized Supplies at 34.2%, and Micron at 25.8%.

Extra broadly, elevated valuations stay a standard theme throughout a lot of the US semiconductor business after the sector’s AI-driven rally.

On the identical time, different areas of the US know-how sector proceed to supply a really completely different setup, with a number of shares nonetheless buying and selling at significant reductions regardless of sturdy progress prospects and enhancing fundamentals. These names could deserve nearer consideration from traders wanting past the crowded semiconductor commerce.

These Main Tech Shares Look Extra Enticing on Valuation

We used the Investing.com screener to determine large-cap US know-how shares that also supply significant upside primarily based on each Truthful Worth estimates and analyst targets, whereas assembly the next standards:

• Market capitalization of over $10 billion
• Expertise sector
• Upside potential of over 30% in response to InvestingPro Truthful Worth
• Upside potential of over 40% primarily based on the common analyst goal
• Shares coated by not less than 15 analysts
• Well being rating above 2.5/5

This analysis has allowed us to determine 8 alternatives:

Particularly, these large-cap US know-how shares are buying and selling at reductions of 35.5% to 60.5% primarily based on Truthful Worth estimates, whereas analysts see upside potential starting from 41% to 69.3%.

Amongst these shares are:

• FUTU: Futu Holdings Ltd () operates the Futubull and Moomoo buying and selling platforms, serving greater than 30 million customers. In contrast to many semiconductor shares buying and selling at elevated valuations, Futu trades at a trailing P/E of about 10.5, properly beneath its historic common. In Q1 2026, income rose 24.7% yr over yr to $746.9 million. Whereas earnings had been affected by a regulatory-related provision in China, the corporate’s progress and valuation proceed to draw investor curiosity.

• LDOS: Leidos Holdings Inc () gives know-how, cybersecurity, intelligence, and protection providers to the US authorities. The inventory has fallen greater than 30% in 2026 regardless of regular enterprise efficiency. In Q1 2026, income elevated 4% yr over yr to $4.4 billion, whereas non-GAAP EPS rose 5% to $3.13. The corporate additionally raised its full-year outlook, suggesting confidence in continued progress.

Nevertheless, many different shares on this checklist supply extra engaging profiles.