Last week Forbes released its annual list of the fastest growing tech stocks, and it shouldn't be much of a surprise that Google Inc. (NASDAQ: GOOG) topped the list, with nearly $15 billion in sales, representing five-year sales growth of 155%, and 30% EPS growth. To make the list, companies had to have significant sales growth over the past year and five years, as well as a good earnings forecast for the next three to five years. Companies with significant legal problems or corporate governance issues were excluded.

Rounding out the top five were Salesforce.com (NYSE: CRM), Ceradyne Inc. (NASDAQ: CRDN), Euronet Worldwide Inc. (NASDAQ: EEFT), and FalconStor Software Inc. (NASDAQ: FALC). Some other familiar names that made the list this year include Red Hat Inc. (NYSE: RHT), L-3 Communications (NYSE: LLL), Adobe Systems Inc. (NASDAQ: ADBE), and Cognizant Technology Solutions (NASDAQ: CTSH). Cognizant has been on Forbes list since its inauguration six years ago. For the full list, see the Forbes article.

Also of interest was the Forbes Fast 15, companies that didn't make the list mentioned above, but which Forbes thought were worth keeping an eye on for their potential. Engineering software maker Ansys Inc. (NASDAQ: ANSS), semiconductor maker Atheros Communications Inc. (NASDAQ: ATHR), Brubaker BioSciences Corp. (NASDAQ: BRKR), and scoreboard maker Daktronics Inc. (NASDAQ: DAKT) top that list. For the full list, see the Forbes article.

So if, like Aaron Katsman, Georges Yared, and Jim Cramer, you are bullish on tech stocks, then there's plenty on the Forbes lists worth taking a look at.

Google tops Forbes list of fastest growing tech stocks originally appeared on BloggingStocks on Sun, 27 Jan 2008 13:10:00 EST. Please see our terms for use of feeds.

MoneyGram International (NYSE: MGI) -- Euronet Worldwide (NASDAQ: EEFT) made an unsolicited offer to buy MGI, a global payment services company, for 0.6179 Euronet common share for each share of MGI. Based on the closing price of Euronet shares on December 4, the offer is valued at approximately $1.65 billion or $20 per MGI share. MGI over all option implied volatility of 73 is above its 26-week average of 50 according to Track Data, suggesting larger price risks.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options update: MoneyGram volatility elevated into Euronet offer originally appeared on BloggingStocks on Thu, 13 Dec 2007 10:06:00 EST. Please see our terms for use of feeds.