There are clearly areas that money is pouring into in the technology sector, regardless of what the dollar’s strength is or how slow European growth is. Next generation security, data center switching and cloud build-outs continue to dominate IT spending, and they should continue to going forward. The Deutsche Bank IT technology analysts see a divergence in IT spending, and those three top categories are all expected to do well. In a new report they also highlight their top trade ideas to exploit that growth.

The Deutsche Bank team highlights three top tech picks in their report. These are the stocks they feel will benefit the most from the increases in spending.

Cisco Systems Inc. (NASDAQ: CSCO) dominance in wireless equipment and the fact that the stock is just plain cheap, makes it a top name to buy at Deutsche Bank. While the analysts feel that there may be some weakness in telecom routing, they see the company as a big benefactor of the security, switching and cloud expenditures. They also see stock buybacks and operating expense cuts as a positive for earnings next year, as well as margin expansion from added software and cloud services. The Deutsche Bank team also views the integration of F5 Networks services into Cisco’s products as a plus for both companies and a leg-up with NSX integration.

Cisco investors are paid a 3.25% dividend. The Deutsche Bank price target for the stock is $30, and the consensus target is much lower at $26.31. The stock closed Monday at $22.93 a share.

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F5 Networks Inc. (NASDAQ: FFIV) is a stock that the Deutsche Bank analyst feel will beat earnings expectations when it next reports. The company provides solutions for an application-based world. It helps organizations seamlessly scale cloud, data center and software defined networking deployments to successfully deliver applications to anyone, anywhere at any time. These are the areas, along with security, in which the Deutsche Bank team sees possible big orders

Wall Street analysts checks at the recent VMWorld conference point to a number of incremental revenue drivers for F5 Networks, especially when related to VMware directly. These include the company’s integration with VMware’s Virtual Desktop Infrastructure solution and F5’s launch of a key component of its BIG-IQ solution by the end of calendar 2014.

The Deutsche Bank price target is a massive $150, and the consensus target is posted at $125.49. The stock closed Monday at $109.10.

Mavenir Systems Inc. (NYSE: MVNR) is a leading provider of software-based communications solutions that enable mobile service providers to deliver high-quality Internet protocol-based voice, video, rich communication and enhanced messaging services to its subscribers globally. Mavenir’s mOne software platform has enabled leading mobile service providers to introduce the industry’s first live network deployment of Voice-Over-LTE and the industry’s first live deployment of next-generation Rich Communication Services 5.0. This is an area the Deutsche Bank team feels can generate significant spending by the major telecoms on the company’s software.

The Deutsche Bank price target is $18. The consensus price target is at $17. Mavenir closed Monday at $10.08. A move to the target price would be a huge 73% gain for shareholders.

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These three trades are very timely for investors with aggressive accounts. The recent sell-off tagged high beta names and the price points now are superb entry levels for a trade. Those who are more cautious may want to buy 50% now and see how the rest of the week trades.

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