WINDERMERE, Fla. (Stockpickr) -- Technology stocks have basically done nothing so far in 2011 when you take a look at the performance of the Nasdaq. The tech-heavy index is up just 1.2% year-to-date. That's basically a flat performance on the year, and it shows market players have had little buying interest in technology stocks.
Many of the top technology names have been hammered in the past year. For example, take a look at the performance of BlackBerry maker Research In Motion (RIMM). This well-known tech player has been destroyed by the sellers, with the stock off by 65% on the year.
Another popular tech stock that's been hammered is computer hardware player Hewlett-Packard (HPQ). Shares of HPQ have traded lower by over 35% in 2011.
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