5 Technology Stocks Getting Snapped Up Now

After Microsoft unveiled Windows 8, these stocks are helping the Technology (NYSE:XLK) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Avago Technologies Limited (NASDAQ:AVGO) is one of the top price gainers. Its stock price is $35.36, which is $1.04 (+3%) above the previous close of $34.32. Avago Technologies Limited is a designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products.

Stock Price Performance: From August 15, 2011, to September 13, 2011, the stock price had risen $2.71 (8.6%) from $31.61 to $34.32. The stock price saw one of its best stretches over the last year between September 22, 2010 and October 1, 2010 when shares rose for eight straight trading days, rising 9% (+$1.85). It saw one of its worst periods between July 6, 2011 and July 14, 2011 when shares fell for seven straight trading days, falling 10% (-$3.90).

Shares of Maxim Integrated Products, Inc. (NASDAQ:MXIM) are trading at $24.80, up 37 cents (+1.5%) from the previous close of $24.43. Maxim Integrated Products, Inc. engages in the design, development, manufacture, and marketing of various linear and mixed-signal integrated circuits/analog circuits worldwide.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had risen $1.65 (7.2%) from $22.78 to $24.43. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 11.3% (+$2.73). It saw one of its worst periods between December 8, 2010 and December 15, 2010 when shares fell for six straight trading days, falling 3.1% (-74 cents).

Seagate Technology (NASDAQ:STX) is one of the top price gainers. Its stock price is $11.60, which is 21 cents (+1.8%) above the previous close of $11.40. Seagate Technology PLC is a provider of hard disk drives. It designs, manufactures, markets and sells hard disk drives. It produces a range of disk drive products addressing enterprise applications.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $4.90 (-30.1%) from $16.30 to $11.40. The stock price saw one of its best stretches over the last year between April 11, 2011 and April 20, 2011 when shares rose for eight straight trading days, rising 15.7% (+$2.42). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 25.3% (-$3.69).

Shares of National Instruments Corporation (NASDAQ:NATI) are trading at $25.47, up 66 cents (+2.7%) from the previous close of $24.81. National Instruments Corporation is a supplier of measurement and automation products that engineers and scientists use in a range of industries.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $3.57 (-12.6%) from $28.38 to $24.81. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 7, 2011 when shares rose for eight straight trading days, rising 10% (+$2.81). It saw one of its worst periods between April 26, 2011 and May 4, 2011 when shares fell for seven straight trading days, falling 10.4% (-$3.36).

Cypress Semiconductor Corporation (NASDAQ:CY) is one of the top price gainers. Its stock price is $16.77, which is 53 cents (+3.3%) above the previous close of $16.24. Cypress Semiconductor Corporation designs, develops, manufactures and markets high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and system value.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $4.24 (-20.7%) from $20.48 to $16.24. The stock price saw one of its best stretches over the last year between January 3, 2011 and January 14, 2011 when shares rose for 10 straight trading days, rising 17.6% (+$3.18). It saw one of its worst periods between August 29, 2011 and September 6, 2011 when shares fell for six straight trading days, falling 8.8% (-$1.45).

 

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