Earnings season can sometimes be good for bad-performing stocks, and bad for good-performing ones. If things have been going bad and earnings surprise to the upside, a stock can get a big boost. If things have been going good and the earnings even are slightly below what is expected, a good-performing stock will be shot first and asked questions later. A brand new research report from the tech analysts at UBS has perfect examples of this. It features five top tech stocks that are way oversold on a 14-day relative strength basis.

It is one thing to try to dead-cat-bounce a stock that has permanent residence in Wall Street’s doghouse. It is quite another when top technology stocks are put on sale because of either a one-off earnings miss or a headline event that knocks down the share price. Either way, the thought here is that aggressive investors may want to see if they can add any of these top companies while they are on sale.

These are five top stocks that dominate much of their specific tech sub-sectors and may only be on sale for investors for a short time.

Analog Devices Inc. (NYSE: ADI) is down almost 10% in the past week. The company posted strong fiscal second-quarter earnings and the view for the third quarter, when it reports in August, exceeded analyst expectations. The company is engaged in the design, manufacture and marketing of analog, mixed-signal and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer and communication markets worldwide. Investors are paid a 2.7% dividend yield. The Thomson/First Call price target is $57.63. The stock closed Thursday at $51.30 a share.

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Juniper Networks Inc.‘s (NASDAQ: JNPR) recent large layoffs dented the balance sheet as its reported earnings way below Wall Street estimates. The stock was down more than 10%, and many of the top firms on Wall Street that cover the stock moved their ratings from Buy to Neutral. Positive activist shareholder moves combined with a solid product cycle have made the stock a recent favorite, so its trip to the woodshed may be just the ticket for investors looking to buy some. The company has a big presence in network and enterprise security.

By vendor, Juniper posted the strongest year-over-year growth, at 38.7%, in the key switching market in 2013. The consensus price target for the stock is $26.98. Juniper’s shares closed Thursday up nicely at $23.21.

Rackspace Hosting Inc. (NYSE: RAX) has dropped more than 10% since late June on really no news. The stock was up a solid 8.5% after it reported first-quarter earnings. It will report its second-quarter numbers on August 11. The company caught Wall Street’s attention back in the spring when it said it was looking at strategic alternatives, which could mean a buyout or merger. Many on Wall Street feel that the earnings report will be solid, but nobody will really care as Wall Street and investors continue to focus on the strategic alternative news.

Rackspace bills itself as the global leader in hybrid cloud and founder of OpenStack, the open-source operating system for the cloud. The consensus price target is $41.32. Rackspace closed Thursday at $31.48.

Salesforce.com Inc. (NYSE: CRM) is down almost 10% recently. The stock has been the momentum stock trader’s dream over the past few years. While the stock trades in line with its fast organic software as a service (SaaS) peer group, many believe it should trade at a premium to the group owing to its dominant positioning in the powerful cloud, mobile and social computing waves, larger revenue run-rate compared to the group average, stronger cash generation and its TAM, which is substantially larger than the peer group average. The consensus target is $67.84. Salesforce closed Thursday at $54.06.

SanDisk Corp. (NASDAQ: SNDK) got crushed after reporting earnings that were below estimates. The company is one of the leading manufacturers and suppliers of flash memory storage drives, and is expected to be a top vendor to Apple for the new iPhone 6. The burgeoning demand for SanDisk’s products and the increase in price of its micro SD cards contributed to the rise in margins. Most mobile phone manufacturers now provide a card slot in their devices, leading to increased demand for memory cards. Customers looking to store more data have led to the growth of micro SD cards, pushing up demand in the process.

SanDisk’s alliance with Apple, which recently placed major NAND flash orders with SanDisk, are just increasing the odds the company will continue to be among the leaders dominating flash memory storage. Investors are paid a 0.9% dividend. The consensus price target is $113.39. SanDisk closed Thursday at $93.74.

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