Traders are Buying These 5 Technology Stocks Now

Through most of the trading day on Tuesday, September 13, 2011, these stocks are helping the Technology (NYSE:XLK) sector. It’s been a big day for tech as Microsoft (NASDAQ:MSFTunveiled Windows 8 today at its BUILD conference. 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.

Oracle Corporation (NASDAQ:ORCL) is among the sector price gainers, as its shares are trading at $27.52, up 77 cents (+2.9%) from the previous close of $26.75. Oracle Corp. develops, manufactures, markets, distributes and services software designed to help its customers manage and grow their businesses.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $6.05 (-18.9%) from $32.05 to $26. The stock price saw one of its best stretches over the last year between April 18, 2011 and May 2, 2011 when shares rose for 10 straight trading days, rising 8.2% (+$2.74). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 9.2% (-$3.00).

Cooper Industries, plc. (NYSE:CBE) is among the top price gainers in the sector. Its shares are trading at $46.82, up $1.55 (+3.4%) from the previous close of $45.27. Cooper Industries PLC is a worldwide manufacturer of electrical products and tools.

Stock Price Performance: From June 16, 2011, to September 12, 2011, the stock price had fallen $13.96 (-23.6%) from $59.23 to $45.27. The stock price saw one of its best stretches over the last year between January 5, 2011 and January 13, 2011 when shares rose for seven straight trading days, rising 5.1% (+$2.94). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 7.4% (-$4.61).

KLA-Tencor Corporation (NASDAQ:KLAC) is among the sector price gainers, as its shares are trading at $37.51, up $1.10 (+3%) from the previous close of $36.41. KLA-Tencor Corporation is a company that designs, manufactures and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries. Its primary offerings include wafer and integrated circuit (IC) defect monitoring.

Stock Price Performance: From July 15, 2011, to September 12, 2011, the stock price had fallen $4.13 (-10.2%) from $40.54 to $36.41. The stock price saw one of its best stretches over the last year between February 10, 2011 and February 18, 2011 when shares rose for seven straight trading days, rising 8.6% (+$3.90). It saw one of its worst periods between July 22, 2011 and July 29, 2011 when shares fell for six straight trading days, falling 9.7% (-$4.24).

Jabil Circuit Inc. (NYSE:JBL) is among the top price gainers in the sector. Its shares are trading at $16.50, up 47 cents (+2.9%) from the previous close of $16.03. 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 July 15, 2011, to September 12, 2011, the stock price had fallen $3.67 (-18.6%) from $19.70 to $16.03. 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).

Quality Systems, Inc. (NASDAQ:QSII) is among the sector price gainers, as its shares are trading at $93.61, up $2.77 (+3.1%) from the previous close of $90.84. Quality Systems, Inc. develops and markets healthcare information systems that automate certain aspects of medical and dental practices, networks of practices, ambulatory care centers, community health centers and medical and dental schools.

Stock Price Performance: From August 11, 2011, to September 9, 2011, the stock price had risen $10.51 (13.3%) from $79.29 to $89.80. The stock price saw one of its best stretches over the last year between March 16, 2011 and April 5, 2011 when shares rose for 15 straight trading days, rising 11.7% (+$9.22). It saw one of its worst periods between July 8, 2011 and July 18, 2011 when shares fell for seven straight trading days, falling 6.5% (-$5.93).

 

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