Top 10 Tech Stocks For 2014

With the�SPDR S&P Biotech Index�up 31% over the trailing-12-month period, it's evident that investment dollars are willingly flowing into the biotech sector. Keeping that in mind, let's have a look at some of the rulings, studies, and companies that made waves in the sector last week.

This week was so busy in terms of clinical data, a Food and Drug Administration panel meeting, and FDA PDUFA decisions that we can skip right over biotech earnings reports and jump right into the meat and potatoes of this week's data.

This week saw two new drugs approved by the FDA: Raptor Pharmaceuticals' (NASDAQ: RPTP  ) Procysbi and Merck's (NYSE: MRK  ) Liptruzet.

The approval of Procysbi certainly didn't come as a surprise to many, with Raptor's neuropathic cystinosis drug proving non-inferior to Mylan's�Cystagon in trials. As a twice-daily tablet, Procysbi doesn't inconvenience patients like Cystagon, which is required to be taken four times daily and can potentially disrupt sleep patterns. Peak sales of the drug are estimated at $60 million in the U.S., so it'll certainly need an approval in the EU if it has any chance of becoming profitable, but it'll gladly take the $25 million payment triggered by the FDA approval under its loan agreement with HealthCare Royalty Partners.

Top 10 Tech Stocks For 2014: Kenexa Corporation(KNXA)

Kenexa Corporation, together with its subsidiaries, provides software-as-a-service solutions that enable organizations to recruit, retain, and develop employees. The company offers talent acquisition solutions, such as recruitment technology systems that locates and tracks talented candidates; onboarding solutions, which provide form management for legal documents, workflow, and electronic signatures; employee assessments that help organizations to select and retain top performers; and skills tests, which enable organizations to identify and select talented candidates. Its talent acquisition solutions also include Kenexa Interview Builder system that provides an online structured interview reference library of approximately 3,000 questions; employment branding solutions; and recruitment process outsourcing (RPO) solutions, which offer global recruitment services. The company also provides talent retention solutions comprising performance management solutions that integrate performance management, compensation management, career development, goal alignment, and succession planning; employee surveys; learning management solutions, which enable organizations to deliver and track employee learning; leadership solutions, including leadership audit, leadership assessments, and leadership development solutions; CompAnalyst suite of compensation management solutions; and consumer solutions that provide compensation-focused tools and content. It serves financial services and banking, manufacturing, government, life sciences, biotechnology and pharmaceuticals, retail, healthcare, hospitality, call centers, and education industries. Kenexa Corporation operates primarily in the United States, the United Kingdom, Germany, the Netherlands, Canada, China, and other European countries. The company was formerly known as TalentPoint, Inc. and changed its name to Kenexa Corporation in November 2000. Kenexa Corporation was founded in 1987 and is headquartered in Wayne, Pennsylvania.

Top 10 Tech Stocks For 2014: Kewaunee Scientific Corporation(KEQU)

Kewaunee Scientific Corporation engages in the design, manufacture, and installation of laboratory, technical, and laminate furniture products in the United States and internationally. The company offers laboratory furniture products, including steel and wood cabinetry, fume hoods, adaptable modular systems, moveable workstations, casework, biological safety cabinets, and epoxy resin counters and sinks; technical furniture products consisting of column systems, slotted-post systems, pedestal systems, and stand-alone benches; and laminate furniture comprising laminate casework, systems, and related products for educational, healthcare, and industrial applications. Its products also include flexible systems, worksurfaces, workbenches, and computer enclosures. The company sells its products primarily through dealers, commissioned agents, and a national distributor, as well as bids submitted by the company and its subsidiaries. Its customers include pharmaceutical, biotechnolo gy, industrial, chemical, and commercial research laboratories, as well as educational institutions, healthcare institutions, governmental entities, users of networking furniture, and manufacturing facilities of computers and light electronics. Kewaunee Scientific Corporation was founded in 1906 and headquartered in Statesville, North Carolina.

5 Best Stocks To Invest In Right Now: NTELOS Holdings Corp.(NTLS)

NTELOS Holdings Corp., through its subsidiaries, provides wireless communications services to consumers and businesses primarily in Virginia and West Virginia, as well as parts of Maryland, North Carolina, Pennsylvania, Ohio, and Kentucky. It primarily offers wireless digital personal communications services, such as wireless voice and data products and services, and roaming/travel services under the NTELOS Wireless brand name. The company also provides wholesale network services to Sprint Nextel in the western Virginia and West Virginia area for various Sprint CDMA wireless customers. As of March 6, 2012, its wireless retail business had approximately 415,000 postpay and prepaid subscribers. The company was founded in 1897 and is headquartered in Waynesboro, Virginia.

Top 10 Tech Stocks For 2014: TSR Inc.(TSRI)

TSR, Inc., together with its subsidiaries, provides contract computer programming services to commercial customers, and state and local government agencies in the metropolitan New York area, New England, and the mid-Atlantic region. It offers technical computer personnel to supplement in-house information technology capabilities. The company provides its staffing services in the areas of mainframe and mid-range computer operations, personal computers and client-server support, Internet and e-commerce operations, voice and data communications, and help desk support capabilities. TSR, Inc. was founded in 1969 and is based in Hauppauge, New York.

Top 10 Tech Stocks For 2014: NETGEAR Inc.(NTGR)

NETGEAR, Inc. engages in the design, development, marketing, and sale of networking products. The company offers home networking, storage, and digital media products to connect users with the Internet and their content and devices; networking, storage, and security solutions to commercial businesses; and whole home networking solutions to service providers for sale to their customers. Its products include commercial business networking products consisting of Ethernet switches, wireless controllers, Internet security appliances, and network attached storage devices; broadband access products, such as routers, gateways, IP telephony products, and media servers; and network connectivity products comprising wireless access points, wireless network interface cards and adapters, Ethernet network interface cards and adapters, media adapters, powerline adapters and bridges, and multimedia over coax alliance standard adapters and bridges. The company produces its products through t hird-party manufacturers. NETGEAR, Inc. markets its products primarily through retailers, online retailers, wholesale distributors, direct market resellers, value added resellers, and broadband service providers worldwide. NETGEAR, Inc. was founded in 1996 and is headquartered in San Jose, California.

Top 10 Tech Stocks For 2014: ChinaCache International Holdings Ltd.(CCIH)

ChinaCache International Holdings Ltd. provides Internet content and application delivery services to businesses, government agencies, and enterprises in China. It offers Web Page Content Services to website operators; file transfer services; rich media streaming services that enable live streaming of media files; guaranteed application services for websites that incorporate applications with features, such as on-line booking and ordering, real-time stock quotes, and on-line surveys; managed internet data services; ChinaCache cloud services; and content bridging services. The company also provides various value-added services, such as geo-content acceleration services, performance evaluation module, scalable services routing services, link anti-hijack services, NetStorage services, user behavior analysis services, and Website performance evaluation services. The company was founded in 1998 and is headquartered in Beijing, the People?s Republic of China.

Top 10 Tech Stocks For 2014: Dialogic Inc.(DLGC)

Dialogic, Inc. provides communications platforms and technology that enable service providers to build Internet protocol (IP) or packet based networks worldwide. It offers IP and IP-enabled products consisting of call control infrastructure and multimedia processing infrastructure products and platforms. The call control infrastructure products comprise next generation network switching, signaling, and signaling transport solutions. The multimedia processing infrastructure solutions consist of multimedia processing server platforms, session border controllers, voice and video gateways, and bandwidth optimized gateways. The company also provides time division multiplexing (TDM) components, such as an array of traditional network and/or media processing boards that range from two-port analog interface boards to octal span T1/E1 media and network interface boards. These products connect to and interact with an enterprise or service provider based circuit switched network, and support a suite of media processing features, including echo cancellation, dual tone multi frequency detection, voice play and record, conferencing, fax, modem, speech integration, and monitoring. Dialogic, Inc. also offers signaling and signaling system number 7 (SS7) components in the form of standards-based boards, and software and 1U platforms that are designed for interface to SS7 and asynchronous transfer mode networks. The company?s products enable service providers to transport, convert, and manage data and voice traffic over both TDM and IP networks while enabling voice over Internet protocol and other multimedia services. It sells its products through direct sale force to service providers, technology equipment manufacturers, and independent software vendors (ISVs), as well as through distributors to ISVs, value added resellers, and systems integrators. The company is headquartered in Milpitas, California.

Top 10 Tech Stocks For 2014: RF Monolithics Inc.(RFMI)

RF Monolithics, Inc. designs, develops, manufactures, and markets wireless connectivity products for industrial wireless sensor networks and machine-to-machine technology. The company operates in two segments, Wireless Solutions and Wireless Components. The Wireless Solutions segment provides wireless sensor node modules, and gateway and network bridge products to connect various network types; communication protocol systems to manage point-to-point, point-to-multipoint, and mesh wireless sensor networks; Zigbee Pro modules for wireless sensor, sensing, telemetry, and control applications; and Virtual Wire short-range radio products, including hybrid transmitter, receiver, and transceiver modules. It also offers transceiver design and development kits that allow RF system designers the ability to incorporate wireless data transfer into their designs, as well as provides software protocols for various applications. This segment serves industrial and medical markets. The Wir eless Components segment offers filters, frequency control modules for analog and digital applications, and low power components. This segment also offers crystal based products comprising a range of surface mount devices, such as crystal resonators, crystal oscillators, crystal filters, temperature compensated crystal oscillators, and voltage controlled temperature compensated crystal oscillators for remote keyless entry, GPS and other global navigation satellite systems, automated meter reading, wireless communication, and defense systems. It serves automotive, consumer, and telecommunications markets. The company distributes its products through through manufacturer?s representatives and distributors, as well as through direct sales in the United States and internationally. RF Monolithics, Inc. was founded in 1979 and is headquartered in Dallas, Texas.

Top 10 Tech Stocks For 2014: Leap Wireless International Inc.(LEAP)

Leap Wireless International, Inc., together with its subsidiaries, provides digital wireless services under the ?Cricket? brand name in the United States. The company offers unlimited local and the U.S. long distance services from various Cricket service area and unlimited text messaging services, as well as mobile Web, 411 services, navigation, and data back-up. It also provides BridgePay, a flexible payment option for customers to use and pay for the company?s cricket wireless service; handsets and devices with various features; cricket broadband service, an unlimited mobile broadband service that allows customers to access the Internet through their computers; Cricket PAYGo Service, a pay-as-you-go unlimited prepaid wireless service designed for customers who prefer the flexibility and control offered by traditional prepaid services; and Muve Music Service, an unlimited music download service for mobile handsets in select cricket markets. In addition, the company off ers voice and data roaming services. It markets its cricket handsets and services, primarily through company-owned retail stores and kiosks, as well as through authorized dealers and distributors, including premier dealers, local market authorized dealers, national mass-market retailers, and other indirect distributors. As of December 31, 2010, the company offered services in 35 states and the District of Columbia to approximately 5.5 million customers. Leap Wireless International, Inc. was founded in 1998 and is headquartered in San Diego, California.

Top 10 Tech Stocks For 2014: Ctrip.com International Ltd.(CTRP)

Ctrip.com International, Ltd., together with its subsidiaries, provides travel services for hotel accommodations, airline tickets, and packaged tours in the People?s Republic of China. It also sells independent leisure travelers bundled package-tour products, which include transportation and accommodation, as well as guided tours covering various domestic and international destinations. In addition, the company offers Internet-related advertising, aviation casualty insurance, and air-ticket delivery services. Further, it sells Property Management System, a hotel information software; travel guidebooks, which provide information for independent travelers; and VIP membership cards that allow cardholders to receive discounts from various restaurants, clubs, and bars. The company was founded in 1999 and is headquartered in Shanghai, the People?s Republic of China.

Advisors' Opinion:

• [By Stephen]  

  ThinkEquity sees the China travel market should remain robust in 2011, with approximately mid-teens growth. Additionally, while concerns linger with CTRP regarding high speed train rollouts, tougher comps in 2011 due to the Shanghai expo, and airline commission rates, it believes these concerns have created an attractive entry point in Ctrip.

• [By Mark]

  Ctrip (CTRP) is the leading online travel agent in China, where a growing middle class and increased business activity mean the travel industry is booming. Last year, the recession slowed revenue growth at Ctrip to 35%; in the latest quarter, it was back up to 47% … and profit margins were a very healthy 42.2%. Ctrip was on the list three years ago.