Traders are Buying These Technology Stocks This Morning

Through morning 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.

Broadcom Corporation (NASDAQ:BRCM) is among the top price gainers in the sector today. Its shares are trading at $32.65, up $1 (+3.2%) from a previous close of $31.65. Broadcom Corporation manufactures semiconductors for wired and wireless communications.

Stock Price Performance: During July 25, 2011 to August 22, 2011, the stock price had dropped $3.26 (-9.3%) from $34.91 to $31.65. The stock price saw one of its best stretches over the last year between August 31, 2010 and September 9, 2010 when shares rose for seven-straight days, rising 13.3% (+$3.97) over that span. It saw one of its worst periods between February 4, 2011 and February 23, 2011 when shares fell for 13-straight days, falling 12.3% (-$5.59) over that span.

Analog Devices Inc. (NYSE:ADI) is among the sector price gainers today, as its shares are trading at $32.15, up 95 cents (+3%) from a previous close of $31.20. 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: During May 26, 2011 to August 22, 2011, the stock price had fallen $9.18 (-22.7%) from $40.38 to $31.20. 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 days, rising 11.4% (+$3.57) over that span. It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight-straight days, falling 11.8% (-$4.73) over that span.

Harris Corporation (NYSE:HRS) is among the top price gainers in the sector today. Its shares are trading at $35.90, up $1.05 (+3%) from a previous close of $34.85. Harris Corp. is an international communications and information technology company serving commercial markets and government.

Stock Price Performance: During May 26, 2011 to August 22, 2011, the stock price had fallen $13.78 (-28.3%) from $48.63 to $34.85. The stock price saw one of its best stretches over the last year between January 3, 2011 and January 12, 2011 when shares rose for eight-straight days, rising 6.4% (+$2.86) over that span. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight-straight days, falling 12.4% (-$5.38) over that span.

Shares of Seagate Technology (NASDAQ:STX) are trading at $10.62, up 44 cents (+4.3%) from a previous close of $10.19. 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: During May 26, 2011 to August 22, 2011, the stock price had fallen $6.26 (-38.1%) from $16.45 to $10.19. 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 days, rising 15.7% (+$2.42) over that span. It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10-straight days, falling 25.3% (-$3.69) over that span.

Quality Systems, Inc. (NASDAQ:QSII) is among the sector price gainers today, as its shares are trading at $80.91, up $3.68 (+4.8%) from a previous close of $77.23. 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: During July 22, 2011 to August 19, 2011, the stock price had dropped $14.16 (-15.6%) from $90.79 to $76.63. 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 days, rising 11.7% (+$9.22) over that span. It saw one of its worst periods between July 8, 2011 and July 18, 2011 when shares fell for seven-straight days, falling 6.5% (-$5.93) over that span.