AT&T Leads Services Stocks Higher in the Market Crash

Through most of the trading day on Friday, September 2, 2011, these stocks are helping the Services (NYSE:IYC) sector. Services companies are trading down significantly¬†after a weak U.S. July jobs report. 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.

AT&T Inc. (NYSE:T) is one of the top price gainers. Its stock price is $28.35, which is 8 cents (+0.3%) above the previous close of $28.27. AT&T Inc. is a holding company whose subsidiaries and affiliates provides wireless and wireline telecommunications services and products to consumers and businesses worldwide. It also provides directory advertising and publishing services in the United States and international markets.

Stock Price Performance: From July 7, 2011, to September 1, 2011, the stock price had fallen $2.96 (-9.5%) from $31.23 to $28.27. The stock price saw one of its best stretches over the last year between October 26, 2010 and November 4, 2010 when shares rose for eight straight trading days, rising 4% (+$1.08). It saw one of its worst periods between May 31, 2011 and June 7, 2011 when shares fell for six straight trading days, falling 4% (-$1.23).

Shares of CenturyLink, Inc. (NYSE:CTL) are trading at $34.42, up 11 cents (+0.3%) from the previous close of $34.31. CenturyLink, Inc. is a communications company that offers communications services, including Internet access, broadband services and voice services.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $4.76 (-11.6%) from $40.91 to $36.15. The stock price saw one of its best stretches over the last year between September 7, 2010 and September 22, 2010 when shares rose for 12 straight trading days, rising 9.5% (+$3.25). It saw one of its worst periods between July 1, 2011 and July 18, 2011 when shares fell for 11 straight trading days, falling 7.8% (-$3.20).

Tim Hortons Inc. (NYSE:THI) is one of the top price gainers. Its stock price is $47.56, which is 35 cents (+0.7%) above the previous close of $47.21. Tim Hortons, Inc’s business is the development and franchising of quick-service restaurants that serve food, including coffee and other hot and cold beverages, baked goods, sandwiches, soups and other foods products.

Stock Price Performance: From June 7, 2011, to August 31, 2011, the stock price had risen $3.68 (8.3%) from $44.14 to $47.82. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six straight trading days, rising 7.2% (+$3.31). It saw one of its worst periods between May 27, 2011 and June 6, 2011 when shares fell for six straight trading days, falling 5.3% (-$2.47).

Shares of Essex Property Trust, Inc. (NYSE:ESS) are trading at $141.18, up 15 cents (+0.1%) from the previous close of $141.02. Essex Property Trust is a self-administered and self-managed REIT that acquires, develops, redevelops and manages apartment communities in selected residential areas located primarily in the West Coast of the United States.

Stock Price Performance: From August 4, 2011, to September 1, 2011, the stock price had risen $11.13 (8.6%) from $129.89 to $141.02. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 8, 2011 when shares rose for nine straight trading days, rising 8.1% (+$10.75). It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 14.6% (-$20.67).

MFA Financial, Inc. (NYSE:MFA) is one of the top price gainers. Its stock price is $7.04, which is 2 cents (+0.2%) above the previous close of $7.02. MFA Financial, Inc. is engaged in the business of investing, on a leveraged basis, in residential Agency and Non-Agency MBS.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen 53 cents (-6.6%) from $8.02 to $7.49. It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven straight trading days, falling 4% (-31 cents). The stock price saw one of its best stretches over the last year between June 30, 2011 and July 8, 2011 when shares rose for six straight trading days, rising 3.7% (+29 cents).