Hottest Technology Stocks Now – MLNX ALU SATS AVGO

by Portfolio Grader | April 23, 2014 6:30 pm

Technology stocks finished down broadly 1.1% on Wall Street today.

More broadly, the Dow Jones Industrial Average declined 0.2%, the Nasdaq fell 0.9% and the S&P 500 declined 0.2%.

Some of the biggest gainers among technology stocks include:

• Mellanox Technologies (MLNX[1]): MLNX stock is up 3.1%, marking the fifth consecutive day the stock has increased.

• Alcatel Lucent (ALU[2]): ALU stock is up 2.3% today.

• Echostar Corp (SATS[3]): SATS stock is up 2.0% today.

• Avago Technologies (AVGO[4]): AVGO stock is up 1.8%, marking the seventh consecutive day the stock has increased.

• Semiconductor Manufacturing International (SMI[5]): SMI stock is up 1.5% today.

• Netscout Systems (NTCT[6]): NTCT stock is up 1.4%, marking the third consecutive day the stock has increased.

• Lexmark International (LXK[7]): LXK stock is up 1.4% today.

• Celestica Inc (CLS[8]): CLS stock is up 1.4%, marking the third consecutive day the stock has increased.

• Hexcel Corp (HXL[9]): HXL stock is up 1.3% today.

• Open Text Corp (OTEX[10]): OTEX stock is up 1.3% today.

Some of the biggest losers among technology stocks include:

• Gamestop Corp (GME[11]): GME stock is down 5.6% today.

• Wipro Limited (WIT[12]): WIT stock is down 4.1%, marking the fourth consecutive day the stock has decreased.

• Bitauto Holdings Limited (BITA[13]): BITA stock is down 4.0% today.

• Guidewire Software Inc. Common (GWRE[14]): GWRE stock is down 4.0% today on 2 times normal volume.

• Soufun Holdings (SFUN[15]): SFUN stock is down 4.0% today on 2 times normal volume.

• 21Vianet Group Inc (VNET[16]): VNET stock is down 3.6% today.

• Sohu.Com Inc (SOHU[17]): SOHU stock is down 3.4% today.

• Zynga Inc (ZNGA[18]): ZNGA stock is down 3.1% today.

• AOL Inc (AOL[19]): AOL stock is down 2.8% today.

• Tibco Software (TIBX[20]): TIBX stock is down 2.8% today.

For more information on the best stocks to buy[21] right now, check out the latest commentary on InvestorPlace.com[22].

And for more on the hot stocks moving most on Wall Street right now, check out our archive of daily market movers by sector here[23].

Editor’s Note: Returns for the fastest-moving stocks listed here are based on share prices 20 minutes prior to publication of this story.

Source URL: https://investorplace.com/2014/04/hottest-technology-stocks-now-mlnx-alu-sats-avgo-mlnx-alu-sats/

---