Intel and 4 Technology Stocks Investors are Buying Now: INTC, CAJ, ADI, MCHP, 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 Intel Corporation (NASDAQ:INTC) are trading at $21.80, up 26 cents (+1.2%) from the previous close of $21.54. Intel Corporation develops advanced integrated digital technology products for industries such as computing and communications.

Stock Price Performance: From September 9, 2011, to September 15, 2011, the stock price had risen $1.84 (9.3%) from $19.70 to $21.54. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 18% (+$3.47). It saw one of its worst periods between August 29, 2011 and September 6, 2011 when shares fell for six straight trading days, falling 3.7% (-76 cents).

Canon, Inc. (NYSE:CAJ) is one of the top price gainers. Its stock price is $44.08, which is 82 cents (+1.9%) above the previous close of $43.26. Canon, Inc. is a manufacturer of network digital multifunction devices, plain paper copying machines, laser beam printers, inkjet printers, cameras and steppers.

Stock Price Performance: From August 17, 2011, to September 15, 2011, the stock price had dropped $3.85 (-8.2%) from $47.11 to $43.26. 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).

Shares of Analog Devices Inc. (NYSE:ADI) are trading at $34.78, up 42 cents (+1.2%) from the previous close of $34.36. Analog Devices, Inc. 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 17, 2011, to September 15, 2011, the stock price had risen $2.91 (9.3%) from $31.45 to $34.36. 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).

Microchip Technology Incorporated (NASDAQ:MCHP) is one of the top price gainers. Its stock price is $34.69, which is 37 cents (+1.1%) above the previous close of $34.32. Microchip Technology Inc. develops and makes specialized semiconductor products used in a variety of embedded control applications.

Stock Price Performance: From August 16, 2011, to September 14, 2011, the stock price had risen $3.09 (9.9%) from $31.36 to $34.45. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 10.3% (+$3.77). It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six straight trading days, falling 16.6% (-$6.31).

Shares of Computer Sciences Corporation (NYSE:CSC) are trading at $29.20, up 36 cents (+1.3%) from the previous close of $28.84. 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 21, 2011, to September 15, 2011, the stock price had fallen $10.00 (-25.7%) from $38.84 to $28.84. 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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