March 05, 2013 at 17:49 PM EST
Tech Stocks Crowding IBD 50 After Strong Q4 Results
Technology accounts for the plurality of stocks in the IBD 50, with participation from software, chip and other industries. The strongest of the dozen-plus tech stocks include CommVault (CVTL), Western Digital (WDC), Ixia (XXIA), NeuStar (NSR) and Proto Labs (PRLB). All those are finding support at their 10-week moving averages. The five also posted some of the highest Q4 earnings gains of the sector's IBD 50 stocks. NIC Inc. (EGOV) is a fresh
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