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Thursday, November 4, 2010

Tech Stocks Hitting 52-Week Highs: AAPL, BRCM, CVLT, CY, SWKS, CMCSA, MCHP

A slew of technology stocks hit fresh 52-week highs today, creating new value for their shareholder.

Apple (NASDAQ: AAPL) hit an intraday high of $320.18, when just 5 days ago the stock traded all the way down to the 300's level.

Broadcom (NASDAQ: BRCM) and other semiconductor names such as Cypress Semi (NASDAQ: CY), Microchip Technology (NASDAQ: MCHP), and Skyworks Solutions (NASDAQ: SWKS) were top gainers.

Companies that provides data and other services helped propel the Nasdaq higher, including names such as Comcast (NASDAQ: CMCSA) and CommVault (NASDAQ: CVLT).

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