Chasing highfliers is a sucker's game. But tracking monthly trends across the market can lead to great investment ideas, as well as shed new light on stocks you already have in your portfolio.

Let's take a look at the biggest movers in technology. These stocks -- which include companies from the software, media, semiconductors and semiconductor equipment, and Internet software and services -- have clocked some of the biggest gains during the last month.

Technology market movers

Company

Industry

CAPS Rating

30-Day Return

Market Cap

Price / Earnings

Rosetta Stone (NYSE: RST)

Software

***

55.58%

523.89M

29.16

RCN (Nasdaq: RCNI)

Media

*

41.73%

537.97M

N/A

Entropic Communications (Nasdaq: ENTR)

Semiconductors and Semiconductor Equipment

***

33.88%

349.64M

13

Chordiant Software (Nasdaq: CHRD)

Internet Software and Services

**

41.24%

151.51M

91.67

Those returns are certainly eye catching. But do these highfliers have staying power?

Let's see what The Motley Fool CAPS community (more than 160,000 investors strong) has to say about the best plays in the technology market.

And the next big winners are ...
The following technology stocks are of similar size in comparable industries to the ones in the previous chart. However, CAPS members think these companies have more promising future returns than the ones already making waves.

CAPS community technology favorites

Company

Industry

CAPS Rating

Market Cap

Price / Earnings

Fools Saying Outperform

Rosetta Stone

(The CAPS Community likes RST better than any of its peers!)

Software

***

523.89M

29.16

245 of 271

Focus Media Holding (Nasdaq: FMCN)

(Alternative for RCNI)

Media

*****

2.18B

24.30

1130 of 1163

Vimicro International (Nasdaq: VIMC)

(Alternative for ENTR)

Semiconductors and semiconductor equipment

*****

160.27M

35

286 of 298

Internet Initiative Japan (Nasdaq: IIJI)

(Alternative for CHRD)

Internet software and services

*****

460.18M

33.35

245 of 254

Of course, some of today's winners might continue to rack up outsized returns. But isn't it better to snag tomorrow's winners before they start running up?

Find out if your hot stocks still have sizzle
How do your stocks compare to the CAPS community's best investment ideas? Find out in an instant by plugging your tickers into the completely free Motley Fool Stocks 360 program. You'll also get a thorough analysis of how your investments are faring against multiple peer benchmarks. Find out whether you should trade in, trade up, or sit tight by getting a quick 360-degree diagnostic right now.