Tech's Top Movers

The Nasdaq 100, a tech-heavy index, finished last week up 2.48% to close at 1,823.32. Strong earnings reports from tech industry heavyweights may have helped create the tailwind.

Pops and drops
Here's a closer look at the index's top movers, both to the upside and downside. Returns are calculated from the Nasdaq 100's closing price on Friday, Feb. 12.

Last week's winners:

Company

Percentage Gain

CAPS Stars
(Out of 5)

Intuit (Nasdaq: INTU  )

11.3%

****

priceline.com (Nasdaq: PCLN  )

11%

*

Seagate Technology (Nasdaq: STX  )

9.68%

***

DIRECTV

9.61%

***

SanDisk (Nasdaq: SNDK  )

7.97%

***

Sources: Capital IQ, Motley Fool CAPS, Yahoo! Finance.

Last week's losers:

Company

Percentage Loss

CAPS Stars
(Out of 5)

NVIDIA Corp. (Nasdaq: NVDA  )

(4.44%)

****

Apollo Group

(3.88%)

**

Activision Blizzard (Nasdaq: ATVI  )

(2.88%)

*****

Dell (Nasdaq: DELL  )

(2.67%)

**

O'Reilly Automotive

(2.24%)

***

Sources: Capital IQ, Motley Fool CAPS, Yahoo! Finance.

A weekly tour of tech
The week's top stock, Intuit, creator of Quicken and new owner of Fool-favorite Mint.com, reported $0.38 in second-quarter earnings per share, beating the consensus estimate by $0.06.

CEO Brad Smith credited market share gains for its TurboTax software. During a conference call with analysts, he said that his company was winning against rival H&R Block -- enough so that Inuit now estimates TurboTax revenue will improve 8% to 12% this year, up from earlier estimates of 4% to 8%, Reuters reports.

NVIDIA suffered despite posting good fiscal fourth quarter results. Revenue more than doubled to $983 million, resulting in a $0.23 per share profit. And those numbers should continue improving: NVIDIA chief executive Jen-Hsun Huang reiterated that its contract manufacturers have yet to keep up with demand from customers.

Finally, Dell reported lower fourth-quarter profit and a dangerously thin 0.2% margin for its consumer products division. Total revenue, meanwhile, rose 11%, to $14.9 billion. A week of net selling by Dell investors suggests they see this as a value-destroying combination; I think they're right.

What do you have to say about these stocks? Other tech issues? Log into Motley Fool CAPS today and let your voice be heard. You can also weigh in using the comments box below.

Get your clicks with related Foolishness:

Apollo Group is a Motley Fool Inside Value pick. Activision Blizzard. NVIDIA, and priceline.com are Motley Fool Stock Advisor selections. Motley Fool Options has recommended a synthetic long position on Activision Blizzard. Try any of our Foolish newsletter services free for 30 days.

Fool contributor Tim Beyers is also a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Twitter as @milehighfool. The Motley Fool owns shares of Activision Blizzard and is also on Twitter as @TheMotleyFool. Its disclosure policy is a mover. And a shaker.


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