3M and 4 Stocks in the Capital Goods Sector Being Tossed: MMM, FLS, CRR, GGG, HEI

Through most of the trading day on Tuesday, October 11, 2011, these stocks are bringing down the Capital Goods (NYSE:XLI) sector. 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.

3M Company (NYSE:MMM) is one of the sector losers in price. Its shares are trading at $76.19, down 60 cents (-0.7%) from the previous close of $76.72. 3M is a global manufacturer, technology innovator, and marketer of a variety of products.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $20.52 (-21.8%) from $94.34 to $73.82. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 28, 2011 when shares rose for eight straight trading days, rising 6.3% (+$5.70). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 11% (-$10.50).

Flowserve Corporation (NYSE:FLS) is among the price losers in the sector as its stock price is $82.40, down 42 cents (-0.5%) from the previous close of $82.83. Flowserve develops and manufactures flow control products and systems for the world’s most critical applications.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $22 (-21.8%) from $101.13 to $79.13. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six straight trading days, rising 6.8% (+$7.08). It saw one of its worst periods between September 15, 2011 and September 23, 2011 when shares fell for seven straight trading days, falling 16.7% (-$14.94).

CARBO Ceramics Inc. (NYSE:CRR) is among the price losers in the sector. Its shares are trading at $114.59, which is $1.25 (-0.7%) below the previous close of $115.36. Carbo Ceramics is a supplier of ceramic proppant, the provider of the world’s most popular fracture simulation software, and a provider of fracture design, engineering, and consulting services.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $53.62 (-32.6%) from $164.26 to $110.64. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 6, 2011 when shares rose for nine straight trading days, rising 15.5% (+$23). It saw one of its worst periods between July 25, 2011 and August 2, 2011 when shares fell for seven straight trading days, falling 19% (-$34.14).

Graco Inc. (NYSE:GGG) stocks are trading at $37.69. This is 27 cents (-0.7%) below the previous close of $37.96, making the company one of the biggest price losers in the sector today. Graco Incorporated provides fluid handling solutions to customers in the manufacturing, processing, construction and maintenance industries throughout the world. It operates in three segments; Industrial, Contractor and Lubrication.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $13.73 (-27.5%) from $49.94 to $36.21. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine straight trading days, rising 10.2% (+$4.97). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 18.2% (-$9.20).

Shares of HEICO Corporation (NYSE:HEI) are trading at $53.69, down 32 cents (-0.6%) from the previous close of $54. Heico, through its subsidiaries, is engaged in the design, manufacture and sale of aerospace, defense and electronics related products and services throughout the United States and internationally.

Stock Price Performance: From August 12, 2011, to October 10, 2011, the stock price had risen $6.13 (12.8%) from $47.87 to $54. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 7, 2010 when shares rose for eight straight trading days, rising 12.5% (+$5.12). It saw one of its worst periods between December 21, 2010 and December 31, 2010 when shares fell for eight straight trading days, falling 3.8% (-$1.60).