Technology Stocks Climbing Upward This Afternoon

Through most of the trading day on Monday, September 12, 2011, 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.

Altera Corporation (NASDAQ:ALTR) is among the top price gainers in the sector. Its shares are trading at $35.47, up 86 cents (+2.5%) from the previous close of $34.61. Altera Corp. designs and manufactures programmable logic devices, HardCopy ASIC devices, pre-defined design building blocks, cores and associated development tools.

Stock Price Performance: From June 15, 2011, to September 9, 2011, the stock price had fallen $8.39 (-19.5%) from $43 to $34.61. The stock price saw one of its best stretches over the last year between November 16, 2010 and November 24, 2010 when shares rose for seven straight trading days, rising 11.9% (+$3.80). It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six straight trading days, falling 11.5% (-$5.52).

Avago Technologies Limited (NASDAQ:AVGO) is among the sector price gainers, as its shares are trading at $33.30, up 100 cents (+3.1%) from the previous close of $32.30. Avago Technologies Limited is a designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $2.88 (-8.2%) from $35.18 to $32.30. The stock price saw one of its best stretches over the last year between September 22, 2010 and October 1, 2010 when shares rose for eight straight trading days, rising 9% (+$1.85). It saw one of its worst periods between July 6, 2011 and July 14, 2011 when shares fell for seven straight trading days, falling 10% (-$3.90).

Maxim Integrated Products, Inc. (NASDAQ:MXIM) is among the top price gainers in the sector. Its shares are trading at $23.61, up 50 cents (+2.2%) from the previous close of $23.11. Maxim Integrated Products, Inc. engages in the design, development, manufacture, and marketing of various linear and mixed-signal integrated circuits/analog circuits worldwide.

Stock Price Performance: From September 2, 2011, to September 9, 2011, the stock price had risen $1.08 (4.9%) from $22.03 to $23.11. 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 11.3% (+$2.73). It saw one of its worst periods between December 8, 2010 and December 15, 2010 when shares fell for six straight trading days, falling 3.1% (-74 cents).

InterDigital, Inc. (NASDAQ:IDCC) is among the sector price gainers, as its shares are trading at $66.42, up $2.14 (+3.3%) from the previous close of $64.28. InterDigital, Inc. designs and develops advanced digital wireless technology solutions.

Stock Price Performance: From June 15, 2011, to September 9, 2011, the stock price had risen $29.09 (82.7%) from $35.19 to $64.28. 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% (+$4.20). 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% (-$7.80).

Cypress Semiconductor Corporation (NASDAQ:CY) is among the top price gainers in the sector. Its shares are trading at $15.91, up 37 cents (+2.4%) from the previous close of $15.54. Cypress Semiconductor Corporation designs, develops, manufactures and markets high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and system value.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $5.27 (-25.3%) from $20.81 to $15.54. The stock price saw one of its best stretches over the last year between January 3, 2011 and January 14, 2011 when shares rose for 10 straight trading days, rising 17.6% (+$3.18). It saw one of its worst periods between August 29, 2011 and September 6, 2011 when shares fell for six straight trading days, falling 8.8% (-$1.45).

 

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