Texas Instruments and Applied Materials Lead Tech Stock Prices Higher 0.8%

Windows 8 is giving chip stocks (NYSE:SMH) a boost. Through early trading, these stocks are helping the Technology (NYSE:XLK) sector move up 0.88%. 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.

Cisco Systems, Inc. (NASDAQ:CSCO) is among the sector price gainers, as its shares are trading at $16.54, up 21 cents (+1.3%) from the previous close of $16.33. Cisco Systems, Inc. is a multinational corporation engaged in the design, manufacturing and sales of Internet Protocol-based consumer electronics, networking, and other services related to communications and information technology.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had risen $1.44 (9.7%) from $14.91 to $16.35. The stock price saw one of its best stretches over the last year between October 29, 2010 and November 8, 2010 when shares rose for seven straight trading days, rising 6.7% (+$1.52). It saw one of its worst periods between April 6, 2011 and April 19, 2011 when shares fell for 10 straight trading days, falling 8.1% (-$1.45).

Texas Instruments Inc. (NYSE:TXN) is among the top price gainers in the sector. Its shares are trading at $27.62, up 40 cents (+1.3%) from the previous close of $27.27. Texas Instruments, Inc. designs and makes semiconductors that it sells to electronics designers and manufacturers all over the world.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had fallen $4.46 (-14.3%) from $31.11 to $26.65. The stock price saw one of its best stretches over the last year between February 9, 2011 and February 17, 2011 when shares rose for seven straight trading days, rising 3.9% (+$1.37). 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).

Danaher Corporation (NYSE:DHR) is among the sector price gainers, as its shares are trading at $45.91, up 65 cents (+1.4%) from the previous close of $45.26. Danaher Corporation designs and manufactures professional, medical, industrial and consumer products.

Stock Price Performance: From July 19, 2011, to September 14, 2011, the stock price had fallen $7.75 (-14.6%) from $53.01 to $45.26. The stock price saw one of its best stretches over the last year between November 30, 2010 and December 10, 2010 when shares rose for nine straight trading days, rising 6.1% (+$2.62). It saw one of its worst periods between July 20, 2011 and July 28, 2011 when shares fell for seven straight trading days, falling 8% (-$4.26).

Applied Materials, Inc. (NASDAQ:AMAT) is among the top price gainers in the sector. Its shares are trading at $11.59, up 35 cents (+3.1%) from the previous close of $11.24. Applied Materials Inc. is a manufacturer and producer of capital equipments. It provides manufacturing equipment, software and solutions for the global semiconductor, flat panel liquid crystal displays, solar and related industries. .

Stock Price Performance: From July 19, 2011, to September 14, 2011, the stock price had fallen $1.32 (-10.5%) from $12.57 to $11.25. It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six straight trading days, falling 8.7% (-$1.16). The stock price saw one of its best stretches over the last year between October 26, 2010 and November 5, 2010 when shares rose for nine straight trading days, rising 7.4% (+87 cents).

Rockwell Automation, Inc. (NYSE:ROK) is among the sector price gainers, as its shares are trading at $59.46, up 78 cents (+1.3%) from the previous close of $58.68. Rockwell Automation Inc. provides industrial automation power, control and information solutions to customers in the manufacturing sector.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $22.45 (-27.8%) from $80.63 to $58.18. The stock price saw one of its best stretches over the last year between February 4, 2011 and February 14, 2011 when shares rose for seven straight trading days, rising 8% (+$6.50). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 19.3% (-$16.03).

 

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