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 24,721.40 -113.01 -0.46%
Nasdaq 7,366.43 -12.02 -0.16%
S&P 500 2,715.92 -8.52 -0.31%
Treasuries 3.01 -0.05 -1.79%
Data as of 11:35am ET
Company Price Change % Change
Bank of America Corp... 30.27 -0.62 -2.01%
Micron Technology In... 58.38 -0.65 -1.11%
General Electric Co 14.98 -0.31 -2.03%
Hewlett Packard Ente... 15.60 -1.81 -10.43%
Advanced Micro Devic... 13.08 0.09 0.73%
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