Top 10 Software Stocks with Highest Upside: RNIN, MRGE, ACTI, CPBY, NAVR, PTEC, MG, MDSO, CRYP, LWSN (Mar 11, 2010)

Below are the top 10 Software stocks with highest upside potential, based on the difference between current price and Wall Street analysts' average target price. One Chinese company (CPBY) is on the list.

Wireless Ronin Technologies, Inc. (NASDAQ:RNIN) has the 1st highest upside potential in this segment of the market. Its upside is 151.1%. Its consensus target price is $5.75 based on the average of all estimates. Merge Healthcare Inc. (NASDAQ:MRGE) has the 2nd highest upside potential in this segment of the market. Its upside is 83.5%. Its consensus target price is $4.00 based on the average of all estimates. ActivIdentity Corp. (NASDAQ:ACTI) has the 3rd highest upside potential in this segment of the market. Its upside is 80.7%. Its consensus target price is $4.50 based on the average of all estimates. China Information Security Tech, Inc. (NASDAQ:CPBY) has the 4th highest upside potential in this segment of the market. Its upside is 80.0%. Its consensus target price is $9.67 based on the average of all estimates. Navarre Corporation (NASDAQ:NAVR) has the 5th highest upside potential in this segment of the market. Its upside is 79.2%. Its consensus target price is $3.57 based on the average of all estimates.

Phoenix Technologies Ltd. (NASDAQ:PTEC) has the 6th highest upside potential in this segment of the market. Its upside is 47.9%. Its consensus target price is $5.00 based on the average of all estimates. Mistras Group, Inc. (NYSE:MG) has the 7th highest upside potential in this segment of the market. Its upside is 45.8%. Its consensus target price is $15.88 based on the average of all estimates. Medidata Solutions, Inc. (NASDAQ:MDSO) has the 8th highest upside potential in this segment of the market. Its upside is 43.0%. Its consensus target price is $21.50 based on the average of all estimates. CryptoLogic Limited (USA) (NASDAQ:CRYP) has the 9th highest upside potential in this segment of the market. Its upside is 35.7%. Its consensus target price is $4.75 based on the average of all estimates. Lawson Software, Inc. (NASDAQ:LWSN) has the 10th highest upside potential in this segment of the market. Its upside is 32.7%. Its consensus target price is $8.23 based on the average of all estimates.