5 Stocks in the Retail Sector Investors are Tossing Away This Afternoon

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

Costco Wholesale Corporation (NASDAQ:COST) is among the price losers in the sector. Its shares are trading at $79.00, which is $1.64 (-2.2%) below the previous close of $80.76. Costco Wholesale Corporation operates membership warehouses, which offer a selection of nationally branded and selected private-label products at low prices. The company sells products across a variety of merchandise categories, including snack foods, beverages, appliances, electronics, sporting goods and automotive supplies.

Stock Price Performance: From August 9, 2011, to September 7, 2011, the stock price had risen $5.95 (8%) from $74.66 to $80.61. The stock price saw one of its best stretches over the last year between September 9, 2010 and September 17, 2010 when shares rose for seven straight trading days, rising 4% (+$2.33). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 7.1% (-$5.82).

Kohls Corporation (NYSE:KSS) stocks are trading at $42.62. This is $1.25 (-2.8%) below the previous close of $43.87, making the company one of the biggest price losers in the sector today. Kohl’s Corp. operates department stores that offer apparel, footwear and accessories as well as home products and housewares.

Stock Price Performance: From July 12, 2011, to September 7, 2011, the stock price had fallen $10.60 (-19.1%) from $55.57 to $44.97. The stock price saw one of its best stretches over the last year between February 2, 2011 and February 10, 2011 when shares rose for seven straight trading days, rising 4.4% (+$2.22). It saw one of its worst periods between November 24, 2010 and December 13, 2010 when shares fell for 13 straight trading days, falling 7.2% (-$4.09).

Macy’s Inc. (NYSE:M) is among the price losers in the sector as its stock price is $25.09, down 70 cents (-2.7%) from the previous close of $25.79. Macy’s, Inc. is a retailer that sells apparel and accessories, cosmetics, home furnishings and other consumer goods.

Stock Price Performance: From July 13, 2011, to September 8, 2011, the stock price had fallen $4.03 (-13.5%) from $29.82 to $25.79. The stock price saw one of its best stretches over the last year between October 22, 2010 and November 2, 2010 when shares rose for eight straight trading days, rising 8.3% (+$1.82). It saw one of its worst periods between July 22, 2011 and July 29, 2011 when shares fell for six straight trading days, falling 5.3% (-$1.63).

Nordstrom Inc. (NYSE:JWN) is among the price losers in the sector. Its shares are trading at $44.01, which is $1.06 (-2.5%) below the previous close of $45.14. Nordstrom Inc. is a fashion retailer offering designer, luxury and quality apparel, shoes, cosmetics and accessories.

Stock Price Performance: From August 10, 2011, to September 8, 2011, the stock price had risen $5.20 (13%) from $39.94 to $45.14. The stock price saw one of its best stretches over the last year between February 2, 2011 and February 11, 2011 when shares rose for eight straight trading days, rising 15.1% (+$5.97). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 9.9% (-$4.61).

Family Dollar Stores Inc. (NYSE:FDO) is among the price losers in the sector as its stock price is $50.35, down $1.64 (-3.2%) from the previous close of $52.01. Family Dollar Stores Inc. operates more than 6,600 retail discount stores across the U.S., offering consumables, home products, apparel accessories, seasonal and electronics.

Stock Price Performance: From August 9, 2011, to September 7, 2011, the stock price had risen $5.95 (12.6%) from $47.19 to $53.14. The stock price saw one of its best stretches over the last year between September 27, 2010 and October 7, 2010 when shares rose for nine straight trading days, rising 7.7% (+$3.26). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 16.9% (-$9.18).

 

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