Tech stocks take over StockTwits

June 27, 2011: 11:46 AM ET
AAPL

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NEW YORK (CNNMoney) -- Technology names were all the rage on StockTwits Monday, with tweets focusing on Apple, Amazon, Sina and Baidu.

Apple (AAPL, Fortune 500) shares rose more than 1%, after touching a new low for the year last week. The bounce came amid reports that Apple will release two new versions of the iPhone in September and after a Morgan Stanley analyst issued a 'buy' recommendation on the stock.

A separate report from Morgan Stanley lifted Amazon (AMZN, Fortune 500)'s shares 3%. Morgan Stanley boosted its price target on Amazon to $245 from $225, and added the stock to its Best Ideas List.

Chinese websites were also abuzz.

Sina Corp. (SINA) shares were up 6% following a Wall Street Journal report saying the company's Sina Weibo is already China's version of Twitter, and now it wants to be a Chinese Facebook too.

China's search giant Baidu (BIDU) was also a hot topic, with shares rising almost 3%.

All of that is giving StockTwits users plenty to tweet about:

ericjackson: That $AAPL 4gs phone news is huge for China (prepaid market).

triplexx: $AAPL could this be the real McCoy for a change?

Sangluccitrades: $AMZN is strongoooo, setting up for all time highs or a big crash?

investingnstuff: Internet censorship in China is not a big obstacle as people think. There are loopholes. $SINA #FACEBOOK

raoul_duke: $BIDU BUY BUY BUY...$SINA...BUY BUY BUY...china plays about to explode to upside...when tightening is done..watch out!!!buy baby buy!!!

patfarlow: $BIDU 100 day and 50 merging here, would like to see these broken before i go long #WORDEN To top of page

Index Last Change % Change
Dow 17,712.66 34.43 0.19%
Nasdaq 4,891.22 27.86 0.57%
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Treasuries 1.95 -0.06 -2.94%
Data as of 9:48am ET
Company Price Change % Change
Intel Corp 32.00 1.92 6.38%
Bank of America Corp... 15.31 -0.11 -0.71%
Ford Motor Co 15.98 -0.03 -0.19%
Apple Inc 123.25 -0.99 -0.80%
Microsoft Corp 40.97 -0.24 -0.58%
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