Most of Wall Street was positive on technology as a whole coming into the year, and after the heavy selling of the first two months, the Technology Select Sector SPDR ETF (NYSE: XLK) has outperformed the S&P 500 over the past month, according to a new research report from the team at UBS. One big reason tech stays a favorite is the free cash flow the top stocks produce. Another reason is very simple, limited or no debt.

The UBS report highlights the tech stocks that even outperformed this technology exchange traded fund over the past month. We screened that list for stocks rated Buy at UBS and found four that make good sense for aggressive accounts now.

Cisco Systems

This is one of the top mega-cap technology stock picks on Wall Street. Cisco Systems Inc. (NASDAQ: CSCO) posted outstanding earnings last month, and many on Wall Street have raised their price targets for the networking giant significantly. Cisco is also one of the 24/7 Wall St. top 10 stocks to own for the next decade.

Cisco won an important contract last year for the Verizon build-out of the company’s next-generation 100G metro network. While Cisco’s optical business is small as a part of total revenue, this win is seen by Wall Street as a significant endorsement of the investments Cisco has made into its optics business.

Analysts across Wall Street point to an estimated double-digit bookings momentum for Cisco’s Meraki Cloud Services. Many think that Meraki is likely to be a $1 billion plus run-rate business this year, with an incredible 50% to 70% compounded annual growth rate. A jump from 40 GE to 100 GE data center switching and next generation security are also adding to the total sales profile and product mix.

The company recently introduced its new network functions virtualization (NFV) infrastructure solution, combining virtual and physical environments, as well as providing all the necessary compute, storage and networking infrastructure to run NFV network services. The ability to stay ahead of competition keeps Cisco at the forefront of technology and the competition.

Cisco investors are paid a very solid 3.8% dividend. The Thomson/First Call consensus target is set at $28.83. The shares closed most recently at $27.38.

Flextronics

This stock is well-regarded on Wall Street and could be a beneficiary of the rebound at networking companies. Flextronics International Inc. (NASDAQ: FLEX) is a leading end-to-end supply chain solutions company that delivers design, engineering, manufacturing and logistics services to a range of industries and end markets, including data networking, telecom, enterprise computing and storage, industrial, capital equipment, appliances, automation, medical, automotive, aerospace and defense, energy, mobile, computing and other electronic product categories.

Flextronics is an industry leader with more than $26 billion in annualized sales. Top analysts see the improvements at Cisco as a positive for Flextronics , which does annually between 6% and 8% of sales via switches, routers and infrastructure equipment with Cisco.

The consensus price target for Flextronics is $12.91. The stock closed Thursday at $11.13 per share.

Juniper Networks

This is a solid technology stock that has been on a long roller-coaster ride for investors over the past two years. Juniper Networks Inc. (NYSE: JNPR) is a provider of high-performance network infrastructure to service providers and enterprises. Key products include IP-based routers for service provider core and edge networks, security solutions and high-end enterprise routing equipment. Juniper’s products support converged data, voice, video and wireless applications across extended networks.

The stock has taken a big hit since printing highs in November and is back to a very solid support level for investors looking to buy shares. For the fourth quarter, the company posted solid numbers, but the forward guidance left much to be desired, and the stock was hit hard yet again. Much of the lowered guidance was attributed to currency effects, and some analysts see the company as another that will benefit from the big data center refresh this year.

Juniper investors are paid a 1.58% dividend. The consensus price objective for the stock is $28.93. The shares closed trading on Thursday at $25.31.

Travelport Worldwide

This company had a successful secondary offering price this week. Travelport Worldwide Ltd. (NYSE: TVPT) is a Travel Commerce Platform providing distribution, technology, payment, mobile and other solutions for the global travel and tourism industry. With a presence in approximately 180 countries, over 3,700 employees, and an additional 1,200 employees at IGT Solutions Private who provide the company with application development services, its 2015 net revenue was over $2.2 billion.

Travelport has two separate silos that drive earnings at the company. The first is the company’s Travel Commerce Platform, through which it facilitates travel commerce by connecting the world’s leading travel providers with online and offline travel buyers in a proprietary business-to-business (B2B) travel marketplace. Travelport has leveraged its domain expertise in the travel industry to design a pioneering B2B payment solution that addresses the needs of travel intermediaries to efficiently and securely settle travel transactions.

The other silo is Travelport’s Technology Services, through which it provides critical IT services to airlines, such as shopping, ticketing, departure control and other solutions, enabling them to focus on their core business competencies and reduce costs.

Travelport investors are paid a 2.33% dividend. The consensus price target is posted at $17.35, and the stock ended Thursday at $12.85 a share.

Stocks that are outperforming the tech index are ones to look at for investors seeking portfolio additions for the rest of 2016. While the market could continue to be volatile, these stocks should offer some of the best upside potential.

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