Dallas,TX 1/5/2010 12:54:52 AM
News / Business

Top 5 Tech Stocks Movers: MSFT, INTC, AAPL, DELL, HPQ

Tech Stocks Movers

Technology stocks started the New Year 2010 on a stronger note largely lead by the large companies - Apple Inc., Intel Corp. and Microsoft Corp.


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Apple Inc. (NASDAQ:AAPL) surged 1.23% to $213.37 after making a new 52-week high of $214.44. In the last few trading sessions, investors are betting on the rumor that that the company is close to releasing a tablet version of the Mac.

 

Intel Corporation (NASDAQ:INTC) jumped 2.795 to $20.97 after Robert W. Baird analyst Tristan Gerra upped his rating on the chipmaker's stock to outperform from neutral. He said checks with top PC makers suggest they have raised forecasts for the number of chips they plan to buy in the first half of the year, in part because of an expected "rebound in corporate PC spending for 2010."

 

This comment helped the other stocks Hewlett-Packard Company (NYSE:HPQ) surged 1.84% to $52.46 and Dell Inc. (NASDAQ:DELL) rose 1.53% to $14.58.

 

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