5 Consumer Cyclical Stocks Being Dumped This Afternoon

Through most of the trading day on Friday, September 9, 2011, these stocks are bringing down the Consumer Cyclical (NYSE:XLY) 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.

Harley-Davidson, Inc. (NYSE:HOG) stocks are trading at $34.68. This is $1.47 (-4.4%) below the previous close of $36.26, making the company one of the biggest price losers in the sector today. Harley-Davidson, Inc. manufactures heavyweight motorcycles as well as motorcycle parts and accessories. .

Stock Price Performance: From July 13, 2011, to September 8, 2011, the stock price had fallen $5.88 (-14%) from $42.14 to $36.26. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 5, 2011 when shares rose for seven straight trading days, rising 12.6% (+$4.78). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 9.1% (-$4.18).

Autoliv Inc. (NYSE:ALV) is among the price losers in the sector as its stock price is $50.73, down $1.78 (-3.4%) from the previous close of $52.53. Autoliv, Inc. is a supplier of automotive safety systems with a range of product offerings, including modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, safety electronics etc.

Stock Price Performance: From July 12, 2011, to September 7, 2011, the stock price had fallen $15.30 (-21.9%) from $69.74 to $54.44. The stock price saw one of its best stretches over the last year between September 8, 2010 and September 21, 2010 when shares rose for 10 straight trading days, rising 8% (+$4.47). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 11.2% (-$7.68).

Lear Corporation (NYSE:LEA) is among the price losers in the sector. Its shares are trading at $42.22, which is $1.66 (-3.7%) below the previous close of $43.84. Lear Corporation and its affiliates design and manufacture complete automotive seat systems and the components thereof, as well as electrical distribution systems and electronic products.

Stock Price Performance: From July 13, 2011, to September 8, 2011, the stock price had fallen $9.30 (-17.5%) from $53.14 to $43.84. The stock price saw one of its best stretches over the last year between December 30, 2010 and January 10, 2011 when shares rose for eight straight trading days, rising 11.2% (+$5.38). It saw one of its worst periods between March 9, 2011 and March 17, 2011 when shares fell for seven straight trading days, falling 9.9% (-$5.18).

Gentex Corporation (NASDAQ:GNTX) is among the price losers in the sector as its stock price is $24.37, down 99 cents (-4%) from the previous close of $25.39. Gentex Corporation designs, develops, manufactures and markets proprietary electro-optic products, including automatic-dimming rearview mirrors for the automotive industry and fire protection products mainly for the commercial building industry.

Stock Price Performance: From July 13, 2011, to September 8, 2011, the stock price had fallen $5.81 (-18.6%) from $31.20 to $25.39. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 5, 2011 when shares rose for seven straight trading days, rising 5.7% (+$1.66). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 14.4% (-$4.44).

Harman International Ind. Inc. (NYSE:HAR) is one of the sector losers in price. Its shares are trading at $32.41, down $1.04 (-3.5%) from the previous close of $33.57. Harman International Industries Inc. is a global audio equipment company. It is engaged in the design, development, manufacturing and marketing of high-quality audio products. It also offers electronic systems for vehicle applications.

Stock Price Performance: From July 12, 2011, to September 7, 2011, the stock price had fallen $11.02 (-24.1%) from $45.78 to $34.76. The stock price saw one of its best stretches over the last year between October 7, 2010 and October 15, 2010 when shares rose for seven straight trading days, rising 8% (+$2.68). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 17.3% (-$8.09).

 

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