Dallas,TX 10/20/2009 11:56:35 PM
News / Business

CSCO, AMAT, HPQ are Today`s Top Computer Technology Stocks

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Cisco Systems, Inc. (NASDAQ:CSCO) is amongst the top volume gainers in the early few minutes. The stock has spurted 0.70% and is trading at $24.42 with a massive volume of 6.70 million shares. To address evolving information technology (IT) needs around increasingly distributed and collaborative workforces, Cisco today introduced its Borderless Networks architecture and a five-phase plan designed to help deliver services and applications to anyone, anywhere, on any device, at anytime -- seamlessly, reliably, and securely. As the first proof point of its Borderless Networks architecture, Cisco announced the second generation of its Integrated Services Router, the ISR G2. The stock has a 52-week range of $13.61-$24.83. Cisco Systems, Inc. designs, manufactures and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use.

 

Applied Materials, Inc. (NASDAQ:AMAT)  climbed 0.52% over its previous day’s price and now trades at $13.61 on massive volume of 3.68 million shares on no news. The stock has a 52-week range of $7.80-$14.19. Applied Materials, Inc. (Applied), incorporated in 1967, provides Nano manufacturing Technology solutions for the global semiconductor, flat panel display, solar and related industries, with a portfolio of equipment, service and software products. The Company’s customers include manufacturers of semiconductor wafers and chips, flat panel liquid crystal displays (LCDs), solar photovoltaic (PV) cells and modules, and other electronic devices.

Hewlett-Packard Company (NYSE:HPQ)   surged 0.83% to $48.87 on massive volume of 2.61 million shares on no news. Yesterday the company announced Sony Ericsson Mobile Communications has signed a five-year technology outsourcing services agreement designed to reduce costs and further increase flexibility with a standardized technology environment. Under the new agreement, HP will provide infrastructure management services that include Sony Ericsson`s global server and storage environments. Additionally, HP will continue to provide global service desk for employee technology and application support. HP also will continue to host and operate Sony Ericsson`s SAP enterprise landscape and databases. The stock has a 52-week range of $25.39-$48.88. The stock today also created a new 52-week high at $48.88. Hewlett-Packard Company is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including the public and education sectors.

 

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