5 Capital Goods Stocks Falling in the Weekend: DE, KBR, VMI, RBC, RBN

Through most of the trading day on Friday, September 16, 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.

Deere & Company (NYSE:DE) stocks are trading at $77.89. This is 82 cents (-1%) below the previous close of $78.64, making the company one of the biggest price losers in the sector today. Deere & Company provides products and services for agriculture, forestry, construction, landscaping and irrigation.

Stock Price Performance: From August 17, 2011, to September 15, 2011, the stock price had risen $4.38 (5.9%) from $74.26 to $78.64. The stock price saw one of its best stretches over the last year between January 4, 2011 and January 18, 2011 when shares rose for 10 straight trading days, rising 9.1% (+$7.51). It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven straight trading days, falling 5.8% (-$5.76).

Shares of KBR, Inc. (NYSE:KBR) are trading at $29.10, down 51 cents (-1.6%) from the previous close of $29.57. KBR, Inc. is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial sectors.

Stock Price Performance: From July 20, 2011, to September 15, 2011, the stock price had fallen $8.58 (-22.5%) from $38.15 to $29.57. The stock price saw one of its best stretches over the last year between June 17, 2011 and July 7, 2011 when shares rose for 14 straight trading days, rising 13.4% (+$4.57). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 26.4% (-$9.41).

Valmont Industries Inc. (NYSE:VMI) is one of the sector losers in price. Its shares are trading at $91.30, down $1.19 (-1.1%) from the previous close of $92.34. Valmont Industries, Inc is the producer of fabricated metal products and mechanized irrigation systems. It also produces metal and concrete pole and tower structures in its Engineered Support Structures and Utilities Support Structures businesses.

Stock Price Performance: From July 20, 2011, to September 15, 2011, the stock price had fallen $13.41 (-12.7%) from $105.75 to $92.34. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10 straight trading days, rising 16.2% (+$14.56). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 11.8% (-$12.46).

REGAL-BELOIT CORPORATION (NYSE:RBC) is among the price losers in the sector as its stock price is $58.59, down 78 cents (-1.3%) from the previous close of $59.37. Regal-Beloit Corporation is a multinational corporation, which manufactures and markets electrical and mechanical products.

Stock Price Performance: From July 20, 2011, to September 15, 2011, the stock price had fallen $9.02 (-13.2%) from $68.39 to $59.37. The stock price saw one of its best stretches over the last year between March 25, 2011 and April 5, 2011 when shares rose for eight straight trading days, rising 6.8% (+$4.80). It saw one of its worst periods between January 12, 2011 and January 21, 2011 when shares fell for seven straight trading days, falling 3.6% (-$2.41).

Robbins & Myers, Inc. (NYSE:RBN) is among the price losers in the sector. Its shares are trading at $46.87, which is 65 cents (-1.1%) below the previous close of $47.40. Robbins & Myers, Inc. is a supplier of engineered equipment and systems for critical applications in global energy, industrial, chemical and pharmaceutical markets.

Stock Price Performance: From July 20, 2011, to September 15, 2011, the stock price had fallen $4.80 (-9.2%) from $52.20 to $47.40. The stock price saw one of its best stretches over the last year between June 16, 2011 and July 1, 2011 when shares rose for 12 straight trading days, rising 29.8% (+$12.45). It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven straight trading days, falling 9.8% (-$4.24).

 

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