Traditionally, tech investors look for growth stories. In this video, Andrew Tonner does just that, using a screen to identify five tech companies that are cheap value stocks. More importantly, you'll also learn something about why it's not enough to look at a low P/E ratio to see whether a value stock is really worth investing in. Western Digital, for example, was influenced by flooding in Thailand, which helped keep its prices high over the past 12 months. Its price structure may not continue once Thailand comes back online. Dig into the details before buying.

Andrew Tonner has no position in any stocks mentioned. The Motley Fool owns shares of Western Digital. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.