Cisco, Hewlett Packard and 3 Technology Stocks Popping Now: CSCO, HPQ, ETN, AME, STX

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.

Cisco Systems, Inc. (NASDAQ:CSCO) is among the top price gainers in the sector. Its shares are trading at $16.03, up 28 cents (+2.9%) from the previous close of $15.58. 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 8, 2011, to October 4, 2011, the stock price had risen $1.70 (12.2%) from $13.88 to $15.58. 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).

Shares of Hewlett Packard Co. (NYSE:HPQ) are trading at $23.70, up 68 cents (+2.9%) from the previous close of $23.02. Hewlett-Packard provides products, technologies, software and services to individual consumers, businesses and large enterprises, including customers in the government.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $12.08 (-34.4%) from $35.10 to $23.02. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 7, 2011 when shares rose for seven straight trading days, rising 5.8% (+$2.60). It saw one of its worst periods between May 10, 2011 and May 23, 2011 when shares fell for 10 straight trading days, falling 13.9% (-$5.71).

Eaton Corporation (NYSE:ETN) is one of the top price gainers. Its stock price is $36.80, which is $1.05 (+2.9%) above the previous close of $35.75. Eaton is a power management company offering services in the sectors of electricity, hydraulics, aerospace, truck, and automotive.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $15.46 (-30.2%) from $51.21 to $35.75. 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 9.3% (+$4.43). It saw one of its worst periods between April 1, 2011 and April 13, 2011 when shares fell for nine straight trading days, falling 6.5% (-$3.56).

Shares of Ametek Inc. (NYSE:AME) are trading at $34.69, up 93 cents (+2.8%) from the previous close of $33.76. AMETEK is a global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia, and South America.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $10.74 (-24.1%) from $44.50 to $33.76. The stock price saw one of its best stretches over the last year between October 27, 2010 and November 5, 2010 when shares rose for eight straight trading days, rising 7.1% (+$2.50). It saw one of its worst periods between September 15, 2011 and September 23, 2011 when shares fell for seven straight trading days, falling 15.3% (-$5.93).

Seagate Technology (NASDAQ:STX) is one of the top price gainers. Its stock price is $10.07, which is 42 cents (+4.3%) above the previous close of $9.65. Seagate Technology is a provider of hard disk drives. It designs, manufactures, markets and sells hard disk drives. The company produces a range of disk drive products addressing enterprise applications.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $6.83 (-41.4%) from $16.48 to $9.65. 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).

 

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