Tech stocks take over StockTwits

June 27, 2011: 11:46 AM ET
AAPL

Click chart for more on Apple

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 18,288.63 155.93 0.86%
Nasdaq 5,008.10 44.57 0.90%
S&P 500 2,117.39 12.89 0.61%
Treasuries 2.08 0.08 4.10%
Data as of 8:34pm ET
Company Price Change % Change
Apple Inc 129.09 0.63 0.49%
Cisco Systems Inc 30.19 0.68 2.30%
Bank of America Corp... 16.01 0.20 1.27%
Microsoft Corp 43.88 0.03 0.07%
Intel Corp 34.06 0.81 2.44%
Data as of 4:00pm ET
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.85%3.94%
15 yr fixed3.03%3.04%
5/1 ARM3.49%3.50%
30 yr refi3.93%3.99%
15 yr refi3.12%3.13%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates: