Hewlett Packard Leads Tech Stocks Traders are Buying: HPQ, TXN, ATVI, ADI, JBL

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.

Hewlett Packard Co. (NYSE:HPQ) is one of the top price gainers. Its stock price is $23.04, which is 59 cents (+2.6%) above the previous close of $22.45. 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 7, 2011, to September 30, 2011, the stock price had fallen $13.81 (-38.1%) from $36.26 to $22.45. 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).

Texas Instruments Inc. (NYSE:TXN) is among the top price gainers in the sector. Its shares are trading at $27.12, up 47 cents (+1.8%) from the previous close of $26.65. Texas Instruments designs and makes semiconductors that it sells to electronics designers and manufacturers all over the world.

Stock Price Performance: From July 7, 2011, to September 30, 2011, the stock price had fallen $6.67 (-20%) from $33.32 to $26.65. The stock price saw one of its best stretches over the last year between September 8, 2011 and September 16, 2011 when shares rose for seven straight trading days, rising 7.8% (+$2.02). It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six straight trading days, falling 8.2% (-$2.73).

Activision Blizzard, Inc (NASDAQ:ATVI) is among the sector price gainers, as its shares are trading at $12.06, up 16 cents (+1.3%) from the previous close of $11.90. Activision Blizzard is an online, personal computer (NYSE:PC), console, and handheld game publisher.

Stock Price Performance: From August 4, 2011, to September 30, 2011, the stock price had risen 34 cents (2.9%) from $11.56 to $11.90. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011 when shares rose for six straight trading days, rising 6.3% (+72 cents). It saw one of its worst periods between June 2, 2011 and June 9, 2011 when shares fell for six straight trading days, falling 5.2% (-62 cents).

Analog Devices Inc. (NYSE:ADI) is among the top price gainers in the sector. Its shares are trading at $31.88, up 63 cents (+2%) from the previous close of $31.25. 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 July 7, 2011, to September 30, 2011, the stock price had fallen $8.63 (-21.6%) from $39.88 to $31.25. 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).

Jabil Circuit Inc. (NYSE:JBL) is among the sector price gainers, as its shares are trading at $18.12, up 23 cents (+1.8%) from the previous close of $17.79. 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 7, 2011, to September 30, 2011, the stock price had fallen $3.43 (-16.2%) from $21.22 to $17.79. 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).