Tech Crunch: Top Tech Stocks on a Bargain

Tech companies are also affected by the financial crisis and while this is bad for many investors and stock holders, it may also be an opportunity for other players to make the most out of the bargain stock prices that’s going around.

The big giants in the tech industry are seeing their stock prices plummet to record lows in the last 30 days. That, despite the fact that most of them are actually doing good in the market with positive sales growth.

For those who are into this for the long haul, buying of stocks at this time would be like going to a factory sale. Here’s my top 5 pick for tech stocks.

• Apple (NASDAQ:AAPL) at $104PHP 6,103INR 8,814EUR 99CNY 757. It had a 52-week high of just under $203PHP 11,913INR 17,204EUR 193CNY 1,477 and has been hanging around $175PHP 10,270INR 14,831EUR 167CNY 1,274+ in the last 3 months. That’s at least a 40% discount for a very successful company with a lot of spare cash from sales of their new iPhone 3G.
• Nokia (NYSE:NOK) at $18PHP 1,056INR 1,525EUR 17CNY 131. This is one of the lowest share prices Nokia has ever been in the last year and it has seen its value close to $38PHP 2,230INR 3,220EUR 36CNY 277 this year. You may be looking at a 36% discount for the #1 handset company in the world.
• Google (NASDAQ:GOOG) at $406PHP 23,826INR 34,408EUR 387CNY 2,955. Google stocks saw a high of $747PHP 43,838INR 63,308EUR 711CNY 5,437 in the last 52 weeks but has been hovering over $550PHP 32,277INR 46,612EUR 524CNY 4,003 three months ago. At $406PHP 23,826INR 34,408EUR 387CNY 2,955, buyers could get a nice discount of at least 26%.
• Dell (NASDAQ:DELL) at $16.50PHP 968INR 1,398EUR 16CNY 120. Plunging from a high of $25.50PHP 1,496INR 2,161EUR 24CNY 186 to a just over $16PHP 939INR 1,356EUR 15CNY 116 in the last 45 days is a huge drop. It’s still a strong company with solid market share for desktop PC in the US plus a server line that’s still growing. The current stock value gets you about 35% discount.
• Intel Corporation (NASDAQ:INTC) at $17.80PHP 1,045INR 1,509EUR 17CNY 130. Like Dell, Intel was hovering around $24.50PHP 1,438INR 2,076EUR 23CNY 178 just 45 days ago. At $17.80PHP 1,045INR 1,509EUR 17CNY 130, you’re looking at a 35% discount too.

Once all these crisis pans out, most of the stock prices will go back to their normal levels. If I could, I’d be buying me some NOK, APPL and INTC stocks and wait it out. GOOG may still be too price though but my best bet is on NOK and INTC.