Traders are Buying These Basic Materials Stocks Today

Through most of the trading day, these stocks are helping the Basic Materials (NYSE:XLB) sector today. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Monsanto Company (NYSE:MON) is one of the top price gainers. Its stock price is $69.60, which is 67 cents (+1%) above the previous close of $68.93. Monsanto Co. provides agricultural products, including seeds, biotechnology trait products, and herbicides, that provide farmers with solutions that improve productivity and reduce costs. Monsanto pays a 1.7% dividend to shareholders.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $4.02 (-5.5%) from $73.49 to $69.47. The stock price saw one of its best stretches over the last year between December 15, 2010 and December 30, 2010 when shares rose for 11 straight trading days, rising 15.2% (+$9.09). It saw one of its worst periods between September 14, 2010 and September 23, 2010 when shares fell for eight straight trading days, falling 7.4% (-$4.19).

Shares of Yamana Gold Inc. (NYSE:AUY) are trading at $15.93, up 13 cents (+0.8%) from the previous close of $15.81. Yamana Gold Inc. is a gold producer with significant gold production, gold development stage properties, exploration properties and land positions in Brazil, Chile, Argentina, Mexico and Colombia.

Stock Price Performance: From June 6, 2011, to August 30, 2011, the stock price had risen $3.86 (31.8%) from $12.12 to $15.98. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 6, 2010 when shares rose for seven straight trading days, rising 12.7% (+$1.42). It saw one of its worst periods between June 21, 2011 and June 27, 2011 when shares fell for five straight trading days, falling 2.9% (-34 cents).

Valhi, Inc. (NYSE:VHI) is one of the top price gainers. Its stock price is $60.56, which is $1.33 (+2.3%) above the previous close of $59.23. Valhi Inc.is a holding Company, which through its subsidiaries operates in three segments: Chemicals, Component Products and Waste Management.

Stock Price Performance: From June 6, 2011, to August 30, 2011, the stock price had risen $17.28 (40.5%) from $42.71 to $59.99. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 8, 2011 when shares rose for 10 straight trading days, rising 20.9% (+$5.07). It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 35.7% (-$19.93).

Shares of Temple-Inland Inc. (NYSE:TIN) are trading at $25.36, up $1.16 (+4.8%) from the previous close of $24.20. Temple-Inland, Inc. operations its business through two segments: corrugated packaging and building products. It manufactures containerboard (linerboard and corrugating medium) and convert it into a complete line of corrugated packaging.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $6.68 (-21.6%) from $30.88 to $24.20. The stock price saw one of its best stretches over the last year between February 8, 2011 and February 17, 2011 when shares rose for eight straight trading days, rising 8.6% (+$2.01). It saw one of its worst periods between August 15, 2011 and August 23, 2011 when shares fell for seven straight trading days, falling 24.8% (-$7).

Carpenter Technology Corp (NYSE:CRS) is one of the top price gainers. Its stock price is $50.91, which is 44 cents (+0.9%) above the previous close of $50.47. Carpenter Technology Corporation is engaged in the manufacturing, fabrication and distribution of specialty metals. It is organized in two reportable business segments: Advanced Metals Operations and Premium Alloys Operations.

Stock Price Performance: From August 25, 2011, to August 31, 2011, the stock price had risen $6.35 (14.4%) from $44.12 to $50.47. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 24% (+$9.89). It saw one of its worst periods between July 5, 2011 and July 14, 2011 when shares fell for eight straight trading days, falling 6.3% (-$3.67).

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