Technology Stocks That Climbed Higher on Monday, August 29, 2011

At the close of trading on Monday, August 29, 2011, these stocks helped 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 Hewlett Packard Co. (NYSE:HPQ) closed at $26.12, up $1.30 (+5.2%) from the previous close of $24.82. Hewlett-Packard Company provides products, technologies, software and services to individual consumers, businesses and large enterprises, including customers in the government.

Stock Price Performance: From June 30, 2011, to August 26, 2011, the stock price had fallen $11.58 (-31.8%) from $36.40 to $24.82. 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% (+$2.61). 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% (-$5.74).

Seagate Technology (NASDAQ:STX) was one of the top price gainers. It closed at $11.67, which is 58 cents (+5.2%) above the previous close of $11.09. Seagate Technology PLC is a provider of hard disk drives. It designs, manufactures, markets and sells hard disk drives. It produces a range of disk drive products addressing enterprise applications.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $4.97 (-30.9%) from $16.06 to $11.09. 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).

Computer Sciences Corporation (NYSE:CSC) was among the top price gainers in the sector. Its shares traded at $30.39, up $1.56 (+5.4%) from the previous close of $28.83. 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 2, 2011, to August 26, 2011, the stock price had fallen $10.16 (-26.1%) from $38.99 to $28.83. 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% (+$4.05). 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% (-$5.03).

Shares of Jabil Circuit Inc. (NYSE:JBL) closed at $16.51, up $1.05 (+6.8%) from the previous close of $15.46. Jabil Circuit Inc. 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 June 2, 2011, to August 26, 2011, the stock price had fallen $5.22 (-25.2%) from $20.68 to $15.46. 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).

National Instruments Corporation (NASDAQ:NATI) was among the sector price gainers, as it closed at $26.18, up $2 (+8.3%) from the previous close of $24.18. National Instruments Corporation is a supplier of measurement and automation products that engineers and scientists use in a range of industries.

Stock Price Performance: From June 30, 2011, to August 26, 2011, the stock price had fallen $5.40 (-18.3%) from $29.58 to $24.18. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 7, 2011 when shares rose for eight straight trading days, rising 10% (+$2.81). It saw one of its worst periods between April 26, 2011 and May 4, 2011 when shares fell for seven straight trading days, falling 10.4% (-$3.36).

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