3 of the Most Undervalued Tech Stocks Today

It's not often that tech shares sell on the cheap. Here are three great, and extremely undervalued, options.

It's not often an investor comes across a technology company that continues to grow and invest in innovation while meeting commonly accepted criteria that universally apply to "value stocks." And for good reason: What are traditionally known as value stocks are companies trading at low ratios to their earnings, tangible book value, and so on.

Ben Graham, Warren Buffett's mentor, created the value-investing methodology, while Buffett and scores of his peers are fine-tuning it to this day.

Technology companies, for better or worse, trade based not on historic cash flows and assets, but on the hope of future profits from major, and hopefully in-demand, technological advances. Measuring such leaps is, inevitably, more or less impossible. Imagine trying to calculate the future market value for Microsoft's products when it went public in 1986. In hindsight, we know that Microsoft went on to monopolize the desktop PC software market, but no one knew that would happen in 1985.

However, once in a while, a tech company with strong chances of future growth happen to trade at what many a value investor might call "undervalued." These names are elusive but not impossible to find. With that in mind, some of The Motley Fool's best and brightest put their heads together to identify three names to get you on your way to finding the most undervalued tech stocks on the market today.

Read on to learn why the companies they identified -- IBM (NYSE:IBM), Skyworks Solutions (NASDAQ:SWKS), and Cisco Systems (NASDAQ:CSCO), are the most undervalued technology stocks in the market today…

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