Hewlett Packard and 4 Technology Stocks Traders are Buying Mid-Day: HPQ, CAJ, XRX, AME, CSC

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 Canon, Inc. (NYSE:CAJ) are trading at $43.98, up 70 cents (+1.6%) from the previous close of $43.28. Canon is a manufacturer of network digital multifunction devices, plain paper copying machines, laser beam printers, inkjet printers, cameras, and steppers.

Stock Price Performance: From July 28, 2011, to September 23, 2011, the stock price had fallen $5.19 (-10.7%) from $48.47 to $43.28. The stock price saw one of its best stretches over the last year between July 19, 2011 and July 26, 2011 when shares rose for six straight trading days, rising 6.2% (+$2.90). It saw one of its worst periods between May 10, 2011 and May 24, 2011 when shares fell for 11 straight trading days, falling 6% (-$2.82).

Hewlett Packard Co. (NYSE:HPQ) is one of the top price gainers. Its stock price is $22.83, which is 51 cents (+2.3%) above the previous close of $22.32. 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 28, 2011, to September 23, 2011, the stock price had fallen $13.72 (-38.1%) from $36.04 to $22.32. 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).

Shares of Xerox Corporation (NYSE:XRX) are trading at $7.20, up 10 cents (+1.4%) from the previous close of $7.10. Xerox Corporation, in the global document market, develops, manufactures, markets, services and finances document equipment, software, solutions and services.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $3.15 (-30.7%) from $10.25 to $7.10. 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% (-$1.48).

Ametek Inc. (NYSE:AME) is one of the top price gainers. Its stock price is $33.50, which is 58 cents (+1.8%) above the previous close of $32.92. 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 June 29, 2011, to September 23, 2011, the stock price had fallen $11.51 (-25.9%) from $44.43 to $32.92. 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).

Shares of Computer Sciences Corporation (NYSE:CSC) are trading at $26.31, up 27 cents (+1%) from the previous close of $26.04. Computer Sciences Corporation offers information technology and professional services to commercial and government markets, specializing in the application of complex IT problems.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $11.14 (-30%) from $37.18 to $26.04. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 8, 2011 when shares rose for eight straight trading days, rising 7.8% (+$4.02). It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10 straight trading days, falling 13.3% (-$5).

 

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