5 Stocks in the Healthcare Sector Investors are Selling as Markets Struggle

Through the early part of trading on Friday, September 2, 2011, these stocks are bringing down the Healthcare (NYSE:XLV) sector. The healthcare sector as a whole is trading downward .61% relative to today’s S&P drop of 1.61% after after a weak U.S. July jobs report. Also, Pfizer Inc. is extending its tender offer for pain drug developer Icagen.┬áLong 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.

Luxottica Group S.p.A. (NYSE:LUX) is among the price losers in the sector. Its shares are trading at $28.53, which is 82 cents (-2.7%) below the previous close of $29.31. Luxottica Group S.p.A designs, manufactures and distributes fashion, luxury and sport/performance eyewear. It operates in two industry segments: manufacturing and wholesale distribution; and retail distribution.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $3.24 (-10%) from $32.55 to $29.31. The stock price saw one of its best stretches over the last year between March 25, 2011 and April 6, 2011 when shares rose for nine straight trading days, rising 4.7% (+$1.46). It saw one of its worst periods between March 9, 2011 and March 16, 2011 when shares fell for six straight trading days, falling 9.5% (-$3.02).

C. R. Bard, Inc. (NYSE:BCR) is one of the sector losers in price. Its shares are trading at $92.76, down $2.20 (-2.1%) from the previous close of $94.79. C.R. Bard, Inc. designs, manufactures and sells diagnostic, medical, surgical and patient care devices.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $18.34 (-16.2%) from $113.13 to $94.79. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 25, 2011 when shares rose for eight straight trading days, rising 3.2% (+$2.99). It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 5.8% (-$5.38).

Universal Health Services, Inc. (NYSE:UHS) is among the price losers in the sector as its stock price is $39.43, down $1.35 (-3%) from the previous close of $40.63. Universal Health Services, Inc. through its subsidiaries is engaged in the business of owning and operating, acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $12.43 (-23%) from $54.03 to $41.60. 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 18.8% (+$8.64). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 29.9% (-$15.70).

Patterson Companies Inc. (NASDAQ:PDCO) is one of the sector losers in price. Its shares are trading at $28.32, down 86 cents (-2.8%) from the previous close of $29.12. Patterson Companies distributes dental, companion-pet veterinarian and rehabilitation supplies.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $4.92 (-14.5%) from $34.04 to $29.12. The stock price saw one of its best stretches over the last year between March 25, 2011 and April 7, 2011 when shares rose for 10 straight trading days, rising 6.1% (+$1.92). It saw one of its worst periods between May 19, 2011 and June 8, 2011 when shares fell for 14 straight trading days, falling 13.8% (-$5.06).

Shares of PerkinElmer, Inc. (NYSE:PKI) are trading at $21.74, down 60 cents (-2.7%) from the previous close of $22.34. PerkinElmer, Inc. provides technology, services and solutions to the environmental monitoring, diagnostics, academic research and safety security markets.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $4.57 (-16.7%) from $27.44 to $22.87. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 8.6% (-$1.95). The stock price saw one of its best stretches over the last year between December 6, 2010 and December 14, 2010 when shares rose for seven straight trading days, rising 5.2% (+$1.25).

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