3 Stocks Up On Strong Volume (ARUN, NNI, CGX)

The broader averages are solidly higher today. There are three particular stocks that rising today, rising on stronger than normal volume. Shares of Aruba Networks ARUN Aruba Networks, are up 11.5% to $18.49 on 5.5 million shares after a Jefferies & Co. analyst raised his target on the stock to $20 from $18 following strong earnings. He also reiterated his Buy rating. Jefferies & Co. analyst William Choi boosted his fiscal year 2011 earnings estimates for 52 cents a share from 49 cents a share. Shares of Nelnet, Inc. Common Stock NNI are up 6.3%, good for a gain of $1.34 to $22.58. The company has already traded 335,000 shares. Average daily volume on the stock is 197,000 shares. Nelnet, Inc., a transaction processing and finance company, provides education related products and services to students, families, schools, and financial institutions in the United States. Consolidated Graphics, Inc. CGX is gaining $2.36 to trade at $41.46. Volume on the stock today is 20% higher than the daily volume, having traded 121,000 shares already. Consolidated Graphics, Inc., together with its subsidiaries, provides general commercial printing and print-related services in the United States, Canada, and the Czech Republic.