Technology rules the world, but does it rule your portfolio? Here are 5 technology based companies with the promise of delivering very good returns.

Autodesk, Inc. (ADSK) – While being in the Computer and Technology Sector, ADSK has a considerably low price to earnings based on the industry. ADSK currently has a price-to-earnings ratio of 28.6, which is almost half the industry’s 50.2, yet still considerably high for the S&P 500 (SPY), which sits at 17.5. For anyone who remembers the internet bubble from over a decade ago, these types of stocks typically carry a higher price-to-earnings ratio. Because ADSK’s is lower, this could be seen as a good thing being that the company would be considered undervalued. With ADSK assisting with such releases as “Gears of War” for the Microsoft (MSFT) Xbox, there could very well be an increase in earnings as well as ongoing business for the company if the game is as successful as anticipated. Although, the company does not issue a dividend to date, and it has a beta of 2.09, which is twice as volatile as the market, the company still has room to grow with its low price-to-earnings ratio. Even with the volatility of the stock, this is one that could also be a good investment for any portfolio that is able to take a little risk.

F5 Networks Inc. (FFIV) – Another tech stock to discuss is FFIV. The company has a higher price to earnings amount of $2.73 and reflects that in its stock price.To continue reading, click here