5 Capital Goods to Watch Mid Day: CMI, RTN, KBR, KMT, LEN

Through early trading on Friday, September 23, 2011, these stocks are helping the Capital Goods (NYSE:XLI) 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.

Cummins Inc. (NYSE:CMI) is among the top price gainers in the sector. Its shares are trading at $87.10, up $1.84 (+2.2%) from the previous close of $85.26. Cummins, Inc. is a company engaged in the design, manufacturing and distribution of diesel and natural gas engines and related technologies. Its services to markets worldwide include electric power generation systems and engine-related component products.

Stock Price Performance: From July 27, 2011, to September 22, 2011, the stock price had fallen $20.77 (-19.6%) from $106.03 to $85.26. The stock price saw one of its best stretches over the last year between March 22, 2011 and April 1, 2011 when shares rose for nine straight trading days, rising 9.4% (+$9.53). It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six straight trading days, falling 12.9% (-$12.60).

Raytheon Company (NYSE:RTN) is among the sector price gainers, as its shares are trading at $39.70, up 87 cents (+2.2%) from the previous close of $38.83. Raytheon Co. provides provides electronics, mission systems integration, and other capabilities to customers in the defense, homeland security and other government markets throughout the world.

Stock Price Performance: From June 28, 2011, to September 22, 2011, the stock price had fallen $9.47 (-19.6%) from $48.30 to $38.83. The stock price saw one of its best stretches over the last year between December 29, 2010 and January 7, 2011 when shares rose for eight straight trading days, rising 10.6% (+$4.69). It saw one of its worst periods between July 1, 2011 and July 18, 2011 when shares fell for 11 straight trading days, falling 9.3% (-$4.68).

KBR, Inc. (NYSE:KBR) is among the top price gainers in the sector. Its shares are trading at $24.34, up 67 cents (+2.8%) from the previous close of $23.68. KBR 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 June 28, 2011, to September 22, 2011, the stock price had fallen $13.12 (-35.7%) from $36.80 to $23.68. 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).

Kennametal Inc. (NYSE:KMT) is among the sector price gainers, as its shares are trading at $31.86, up 89 cents (+2.9%) from the previous close of $30.97. Kennametal is a global supplier of tooling, engineered components, and advanced materials consumed in production processes.

Stock Price Performance: From July 27, 2011, to September 22, 2011, the stock price had fallen $9.90 (-24.2%) from $40.87 to $30.97. 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 12.7% (+$5.05). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 18.8% (-$8.42).

Lennar Corporation (NYSE:LEN) is among the top price gainers in the sector. Its shares are trading at $13.43, up 29 cents (+2.2%) from the previous close of $13.14. Lennar builds affordable move-up and retirement homes primarily under the Lennar brand name throughout the United States.

Stock Price Performance: From June 28, 2011, to September 22, 2011, the stock price had fallen $5.31 (-28.8%) from $18.45 to $13.14. The stock price saw one of its best stretches over the last year between November 29, 2010 and December 8, 2010 when shares rose for eight straight trading days, rising 17% (+$2.54). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 11.6% (-$2.20).

 

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