The bashing that the Internet-related stocks took in the first quarter should have been pretty much expected. The top stocks basically rose on multiple expansion and not on fundamentals, which can often bring on a selling death spiral. A new research report from the Internet analysts at Deutsche Bank stresses that there is some very attractive risk-reward available for those doing some blue chip bottom-fishing, and some other top names that could prove very interesting for aggressive investors over the balance for the year.

Here are some of the top Internet names to buy now at Deutsche Bank. We picked the stocks that were down the most this year.

Amazon.com Inc. (NASDAQ: AMZN) is a top stock to buy at Deutsche Bank, especially on an oversold basis now, down a very big 25% year-to-date. Many Wall Street analysts view Amazon as the innovation leader and a top stock to own for 2014 and beyond. In addition to its online retailing muscle, it has a gigantic cloud storage business that continues to dominate rivals. The company will add even more revenue to the top line with the recent increase in its Amazon Prime memberships. The Deutsche Bank price target for the stock is $400. The Thomson/First Call target is $419.33. Amazon closed on Tuesday at $301.19 a share.

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AOL Inc. (NYSE: AOL) makes the Deutsche Bank list as a top name to buy. The stock is down a big 21% so far this year. The purchase of Adap.TV, a video ad platform and marketplace that AOL acquired last year, has paid off big. AOL paid $405 million for Adap.TV, and comScore reports that platform delivered 3.7 billion video ads in the United States earlier this year, topping even Google, which had 3.2 billion. There has also been some recent chatter of an AOL-Yahoo! merger. Deutsche Bank has a price target of $42. The consensus estimate $47.85. AOL closed Tuesday at $36.47.

Groupon Inc. (NASDAQ: GRPN) may be the ultimate contrarian call, as the stock is down a gigantic 50% this year. The company is expanding its in-store payments business with a new service that lets merchants identify customers with the company’s coupons and enable them to pay for purchases using an iPad mini. Merchants will pay Groupon a small monthly fee for the tablet and also a transaction charge. The introduction of the service follows more than a month of trials in five cities, where 98% to 99% of businesses approached decided to adopt the system. If nothing else, the stock may be a low price loss-leader, and perhaps a takeover candidate. The Deutsche Bank price target is $8, and consensus target is higher at $8.76. Groupon closed Tuesday at $5.97.

HomeAway Inc. (NASDAQ: AWAY) is a top travel site that could also be a solid pick, especially going into the busy summer rental and vacation season. HomeAway is the world’s largest marketplace for vacation renting, with a total of 890,000 paid listings on its system. The stock has been mauled, down 25% since the beginning of the year. The Deutsche Bank price target is $45, and the consensus is at $44.38. The stock closed Tuesday at $30.64.

Twitter Inc. (NYSE: TWTR) had a hugely anticipated IPO last year, that was absolutely crushed and is down now a huge 50%. While the concept of Twitter was exciting, the bottom line is the service does not make any money on a scale to justify the stock price. The Wall Street tug-of-war on the stock continues, but at this lower price level, many firms have become more bullish. The Deutsche Bank target is a very strong $52, and the consensus target is $44.17. Twitter closed Tuesday at $31.77.

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Yandex N.V. (NASDAQ: YNDX) is another name that got absolutely pounded, and it is down 30% this year. The company is one of the largest European Internet companies, providing a wide variety of search and other online services. Yandex also operates Russia’s most popular search engine and serves Ukraine, Belarus, Kazakhstan and Turkey. Needless to say, the geopolitical issues have taken a toll on the stock, and now may be a great time for opportunistic investors to look at it. Deutsche Bank has a $33 price target, and the consensus was not posted in U.S. dollars. The stock closed Tuesday at $30.85.

Even with the markdown in stock prices, these Internet names are extremely volatile and are only suitable for aggressive accounts with a high risk tolerance. With that in mind, at some of these bargain basement prices, those looking to add these to a portfolio may print some outstanding gains over the balance of the year.

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