Information Technology Sector Update: Hewlett-Packard, International Business Machines, Teradata, and Infinera

LONDON, January 6, 2014 /PRNewswire/ --

On Friday, January 03, 2014, the US equity market closed on a mixed note as the S&P 500 ended the day at 1,831.37, down 0.03%; the Dow Jones Industrial Average closed at 16,469.99, up 0.17%; and the NASDAQ Composite finished at 4,131.91, down 0.27%. The S&P 500 Information Technology Sector Index edged 0.48% lower to end the day at 576.47; while the same has gained 1.77% in the last one month and 10.48% in the previous three months, outperforming the S&P 500, which has advanced 1.46% and 8.33% during the respective periods. The major movers in the Information Technology sector included Hewlett-Packard Company (NYSE: HPQ), International Business Machines Corporation (NYSE: IBM), Teradata Corporation (NYSE: TDC), and Infinera Corporation (NASDAQ: INFN). AAAResearchReports.com has completed their technical analysis on HPQ, IBM, TDC, and INFN and these free reports are accessible by registering at:

http://www.aaaresearchreports.com/register/  

Shares in Hewlett-Packard Co. advanced on Friday, even as the broader market ended on mixed note. The company's shares ended the day 2.46% higher at $28.34, after trading between $27.70 and $28.50. A total of 12.68 million shares were traded, which is below the daily average volume of 15.82 million. The company's shares have gained 4.00% in the last one month and 33.30% in the previous three months, outperforming the S&P 500, which has advanced 1.46% and 8.33% during the respective periods. Moreover, Hewlett-Packard Co.'s stock is trading near its 52-week high of $28.70 and above its 50-day and 200-day moving averages of $26.34 and $24.05, respectively. Sign up for free technical research on HPQ at:

http://www.AAAResearchReports.com/HPQ010614.pdf

On Friday's, shares in International Business Machines Corp. finished the day at $186.64, which is 0.60% higher than the previous day's closing price of $185.53. The company's shares vacillated between $185.30 and $187.35 during the trading session. A total of 4.06 million shares were traded, which is below the daily average volume of 5.19 million. The company's shares have gained 6.00% in the last one month and 1.38% in the previous three months, compared to a gain of 1.46% and 8.33% in the S&P 500 during the respective periods. Additionally, International Business Machines Corp.'s stock is trading above its 50-day moving average of $180.19. Be sure to read our latest technical research on IBM by registering at:

http://www.AAAResearchReports.com/IBM010614.pdf

Teradata Corp.'s stock gained 1.41% on Friday, closing the day at $45.36. The company's shares fluctuated between $44.60 and $45.59 during the trading session. A total of 1.32 million shares were traded, which is below the daily average volume of 3.02 million. The company's shares have advanced 1.48% in the previous three trading sessions and 9.04% in the last one month, outperforming the S&P 500, which has fallen by 0.53% and has gained 1.46% during the respective periods. Furthermore, Teradata Corp.'s stock is trading above its 50-day moving average of $43.96. Sign up and read the complimentary report on TDC at:

http://www.AAAResearchReports.com/TDC010614.pdf

On Friday, Infinera Corp.'s stock edged higher to end the day at $9.88, up 0.71% from the previous day's closing price of $9.81. The company's shares oscillated between $9.74 and $9.95 during the trading session. A total of 0.71 million shares were traded, which is below the daily average volume of 1.40 million. The company's shares have gained 1.54% in the previous three trading sessions and 5.89% in the last one month, outperforming the S&P 500, which has fallen by 0.53% and has gained 1.46% during the respective periods. Further, Infinera Corp.'s stock is trading above its 50-day and 200-day moving averages of $9.46 and $9.85, respectively. The free report on INFN can be downloaded by signing up now at:

http://www.AAAResearchReports.com/INFN010614.pdf

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SOURCE AAA Research Reports

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