5 Top Stocks Leading Markets Higher August 31st

Through the opening portion of the trading day on Wednesday, August 31, 2011, the Dow (NYSE:DIA) is up 65 points to 11,625, the NASDAQ (NASDAQ:QQQ) is up 8 points to 2,584 and the S&P500 (NYSE:SPY) is up 8 points to 1,221. Here are some of today’s biggest gainers by price.

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Sprint Nextel Corporation (NYSE:S) is among the top gainers as its shares are trading at $3.83, up 28 cents (+7.8%) from the previous close of $3.55. Sprint Nextel Corp. offers a range of wireless and wireline communications products and services. With the major headlines calling for a U.S. lawsuit against the AT&T-T-mobile merger, investors are flocking to Sprint shares today.

Stock Price Performance: From June 3, 2011, to August 29, 2011, the stock price had fallen $2.21 (-39%) from $5.67 to $3.46. The stock price saw one of its best stretches over the last year between May 17, 2011 and May 26, 2011 when shares rose for eight straight trading days, rising 15.7% (+80 cents). It saw one of its worst periods between July 19, 2011 and July 25, 2011 when shares fell for five straight trading days, falling 2.1% (-11 cents).

TIBCO Software, Inc. (NASDAQ:TIBX) is among the top gainers as its shares are trading at $22.98, up $1.49 (+6.9%) from the previous close of $21.49. TIBCO Software Inc. is a provider of infrastructure software. It provides a range of standards-based infrastructure software solutions that help organizations achieve the benefits of real-time business. Tibco recently acquired Nimbus Partners.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $8.98 (-29.5%) from $30.47 to $21.49. The stock price saw one of its best stretches over the last year between June 22, 2011 and July 7, 2011 when shares rose for 11 straight trading days, rising 22.5% (+$5.74). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 12.6% (-$3.93).

E*TRADE Financial Corporation (NASDAQ:ETFC) is among the top gainers as its shares are trading at $12.14, up 63 cents (+5.5%) from the previous close of $11.51. Shares have been on fire this week as investors see value opportunity and get behind Citadel’s Ken Griffin. E*TRADE Financial Corp provides online brokerage and related products and services primarily to individual retail investors.

Stock Price Performance: From August 2, 2011, to August 30, 2011, the stock price had dropped $3.03 (-20.8%) from $14.54 to $11.51. The stock price saw one of its best stretches over the last year between July 18, 2011 and July 25, 2011 when shares rose for six straight trading days, rising 32.4% (+$4.04). It saw one of its worst periods between April 6, 2011 and April 14, 2011 when shares fell for seven straight trading days, falling 3.5% (-57 cents).

Reliance Steel & Aluminum Co. (NYSE:RS) is among the top gainers as its shares are trading at $43.44, up $2.48 (+6.1%) from the previous close of $40.96. Alcoa (NYSE:AA) is leading the Dow Jones today as Goldman Sachs issued a positive noted on the metals sector. Reliance Steel and Aluminum provides metals processing services & distributes a full line of more than 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium & specialty steel products.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $7.90 (-16.2%) from $48.86 to $40.96. The stock price saw one of its best stretches over the last year between March 18, 2011 and March 30, 2011 when shares rose for nine straight trading days, rising 11.8% (+$6.12). It saw one of its worst periods between July 22, 2011 and August 8, 2011 when shares fell for 12 straight trading days, falling 26.1% (-$13.10).

Concur Technologies, Inc. (NASDAQ:CNQR) is among the top gainers as its shares are trading at $43.02, up $2.83 (+7%) from the previous close of $40.19. Wunderlich securities issued a buy rating on the company’s shares this morning. Concur Technologies, Inc. (Concur) is a global provider of on-demand Employee Spend Management solutions.Its solutions unite online travel procurement with automated expense reporting, streamline corporate event management.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $10.34 (-20.5%) from $50.53 to $40.19. The stock price saw one of its best stretches over the last year between April 19, 2011 and April 29, 2011 when shares rose for eight straight trading days, rising 8.8% (+$4.67). It saw one of its worst periods between May 31, 2011 and June 7, 2011 when shares fell for six straight trading days, falling 5.9% (-$2.96).

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