The bullishness we've seen for most of this year certainly came in full force for the second quarter's tech earnings season. While not everyone got in on the party (ahem, Microsoft), many high-profile names in the space posted impressive performances, fueling in no small part the Nasdaq's nearly 7% surge in July. As is often the case with stocks, the strong business performances led to a rally in the respective companies' shares.

This is the constant tension in investing. Investors want growth, but also want to avoid overpaying for it. However, Fool contributor Andrew Tonner believes he's found two tech companies where business is booming -- and it won't cost you and arm and a leg.

Fool contributor Andrew Tonner owns shares of Apple and Baidu. The Motley Fool recommends Activision Blizzard, Apple, Baidu, Facebook, Teradata, and Yahoo!. The Motley Fool owns shares of Activision Blizzard, Apple, Baidu, Facebook, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.