Rob Zenilman submits: Last week’s price movement in the Hardware sector ranged from +10.6% (NYSE:HPQ) to -4.5% (NASDAQ:DELL). LNVGY & CRAY.D led week over week volume increases at 161.8% & 70.7%, respectively.
Key developments that drove individual stocks:
● Bank of America analyst Keith Bachman maintained his "Buy" rating on Hewlett Packard (HPQ), noting that "its lower percentage exposure operating income exposure to PCs, we believe the company will be able to weather a more difficult pricing environment,".
Data in table version -- click on a ticker for opinion and analysis of the company:
|AAPL||Apple Computer Inc.||-2.8%||10.6%
|IBM||International Business Machines Corp.||0.4%||-17.8%
|LNVGY||Lenovo Group Ltd.||4.1%||161.8%
|SUNW||Sun Microsystems Inc.||1.4%||41.4%
Data: Capital IQ
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