5 Technology Stocks Investors are Dumping: XRX, ADI, APH, PBI, IDCC

Through most of the trading day on Tuesday, October 11, 2011, these stocks are bringing down 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.

Xerox Corporation (NYSE:XRX) is one of the sector losers in price. Its shares are trading at $7.40, down 9 cents (-1%) from the previous close of $7.48. Xerox engages in the development, manufacturing, marketing, services and finance of document equipment, software, solutions and services worldwide.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $2.84 (-28.4%) from $10.01 to $7.17. The stock price saw one of its best stretches over the last year between June 15, 2011 and June 23, 2011 when shares rose for seven straight trading days, rising 4.5% (+43 cents). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 14.4% (-$1.47).

Analog Devices Inc. (NYSE:ADI) is among the price losers in the sector as its stock price is $34.59, down 36 cents (-1.1%) from the previous close of $34.97. Analog Devices designs, manufactures, and markets analog, mixed-signal, and digital signal processing integrated circuits used in industrial, communication, computer, and consumer applications.

Stock Price Performance: From August 12, 2011, to October 10, 2011, the stock price had risen $3.72 (11.9%) from $31.25 to $34.97. The stock price saw one of its best stretches over the last year between October 26, 2010 and November 4, 2010 when shares rose for eight straight trading days, rising 11.4% (+$3.55). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 11.8% (-$4.69).

Amphenol Corporation (NYSE:APH) is among the price losers in the sector. Its shares are trading at $42.99, which is $1.14 (-2.3%) below the previous close of $44. Amphenol designs and produces electronic and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cable.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $7.98 (-15.8%) from $50.37 to $42.39. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six straight trading days, rising 7.9% (+$4.03). It saw one of its worst periods between February 11, 2011 and February 23, 2011 when shares fell for eight straight trading days, falling 3.6% (-$2.08).

Pitney Bowes Inc. (NYSE:PBI) stocks are trading at $19.90. This is 19 cents (-0.9%) below the previous close of $20.09, making the company one of the biggest price losers in the sector today. Pitney Bowes provides mail processing equipment and integrated mail solutions, including postage meters and office supplies.

Stock Price Performance: From July 15, 2011, to October 10, 2011, the stock price had fallen $1.62 (-7.5%) from $21.71 to $20.09. The stock price saw one of its best stretches over the last year between December 3, 2010 and December 20, 2010 when shares rose for 12 straight trading days, rising 8.5% (+$1.83). It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 6.8% (-$1.33).

Shares of InterDigital, Inc. (NASDAQ:IDCC) are trading at $47.30, down $1.62 (-3.2%) from the previous close of $48.88. InterDigital designs and develops advanced digital wireless technology solutions.

Stock Price Performance: From August 12, 2011, to October 10, 2011, the stock price had fallen $26.68 (-35.3%) from $75.56 to $48.88. 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% (+$4.19). 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% (-$7.78).

 

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