5 Stocks on the Rise in the Technology Sector: MSFT, IBM, CSCO, JBL, IDCC

Through early trading, 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.

Shares of Microsoft Corporation (NASDAQ:MSFT) are trading at $25.93, up 26 cents (+1%) from the previous close of $25.67. Microsoft develops, licenses, and supports a range of software products and services for a variety of computing devices.

Stock Price Performance: From August 1, 2011, to September 27, 2011, the stock price had fallen $1.43 (-5.3%) from $27.10 to $25.67. The stock price saw one of its best stretches over the last year between October 4, 2010 and October 13, 2010 when shares rose for eight straight trading days, rising 6% (+$1.40). It saw one of its worst periods between April 7, 2011 and April 18, 2011 when shares fell for eight straight trading days, falling 4.3% (-$1.11).

International Business Machines Corporation (NYSE:IBM) is one of the top price gainers. Its stock price is $179.59, which is $1.88 (+1.1%) above the previous close of $177.71. IBM creates integrated solutions that leverage information technology and a deep knowledge of business processes for clients.

Stock Price Performance: From August 29, 2011, to September 27, 2011, the stock price had risen $5.09 (2.9%) from $172.62 to $177.71. The stock price saw one of its best stretches over the last year between October 4, 2010 and October 14, 2010 when shares rose for nine straight trading days, rising 4.6% (+$6.15). It saw one of its worst periods between August 29, 2011 and September 6, 2011 when shares fell for six straight trading days, falling 4.4% (-$7.51).

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) are trading at $16.17, up 8 cents (+0.6%) from the previous close of $16.07. Cisco Systems is a multinational corporation engaged in the design, manufacturing, and sales of Internet Protocol-based consumer electronics, networking, and other services related to communications and information technology.

Stock Price Performance: From August 29, 2011, to September 27, 2011, the stock price had risen 33 cents (2.1%) from $15.74 to $16.07. The stock price saw one of its best stretches over the last year between October 29, 2010 and November 8, 2010 when shares rose for seven straight trading days, rising 6.7% (+$1.52). It saw one of its worst periods between April 6, 2011 and April 19, 2011 when shares fell for 10 straight trading days, falling 8.1% (-$1.45).

Jabil Circuit Inc. (NYSE:JBL) is one of the top price gainers. Its stock price is $18.78, which is $1.41 (+8.1%) above the previous close of $17.38. Jabil Circuit is an independent provider of electronic manufacturing services and solutions. It is engaged in the design, production of electronics, and it offers product management and aftermarket services to companies in a wide range of industries, such as the aerospace, defense, medical and telecommunications sectors. .

Stock Price Performance: From July 1, 2011, to September 27, 2011, the stock price had fallen $3.29 (-15.9%) from $20.67 to $17.38. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven straight trading days, rising 8.7% (+$1.66). It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven straight trading days, falling 6.7% (-$1.37).

Shares of InterDigital, Inc. (NASDAQ:IDCC) are trading at $55.90, up $4.41 (+8.6%) from the previous close of $51.49. InterDigital designs and develops advanced digital wireless technology solutions.

Stock Price Performance: From August 29, 2011, to September 27, 2011, the stock price had dropped $20.00 (-28%) from $71.49 to $51.49. The stock price saw one of its best stretches over the last year between October 19, 2010 and October 29, 2010 when shares rose for nine straight trading days, rising 14.4% (+$4.20). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 18.2% (-$7.80).