Consumer Cyclical Stocks Falling on Wall Street: JCI, GWW, GNTX, LEG, HAR

Through most of the trading day on Wednesday, September 28, 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.

Shares of Johnson Controls, Inc. (NYSE:JCI) are trading at $27.54, down 63 cents (-2%) from the previous close of $28.10. Johnson Controls is a technology and industrial company focused on building efficiency, automotive experience and power solutions.

Stock Price Performance: From July 1, 2011, to September 27, 2011, the stock price had fallen $14.07 (-33.4%) from $42.17 to $28.10. 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 10.8% (+$3.99). It saw one of its worst periods between April 1, 2011 and April 12, 2011 when shares fell for eight straight trading days, falling 6.6% (-$2.74).

W.W. Grainger Inc. (NYSE:GWW) is one of the sector losers in price. Its shares are trading at $157.40, down $3 (-1.6%) from the previous close of $159.98. W.W. Grainger is a distributor of facilities maintenance products and provides services and related information used by businesses and institutions throughout North America.

Stock Price Performance: From August 1, 2011, to September 27, 2011, the stock price had risen $13.36 (9.1%) from $146.62 to $159.98. The stock price saw one of its best stretches over the last year between June 15, 2011 and June 23, 2011 when shares rose for seven straight trading days, rising 4.2% (+$5.99). It saw one of its worst periods between August 15, 2011 and August 19, 2011 when shares fell for five straight trading days, falling 5.9% (-$8.23).

Gentex Corporation (NASDAQ:GNTX) is among the price losers in the sector as its stock price is $24.75, down 58 cents (-2.1%) from the previous close of $25.27. 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 1, 2011, to September 27, 2011, the stock price had fallen $5.39 (-17.6%) from $30.66 to $25.27. 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).

Leggett & Platt Inc. (NYSE:LEG) is among the price losers in the sector. Its shares are trading at $20.72, which is 27 cents (-1.1%) below the previous close of $20.94. Leggett & Platt manufactures a range of engineered components and products, including residential furnishings, commercial fixtures and components, and industrial materials.

Stock Price Performance: From July 1, 2011, to September 27, 2011, the stock price had fallen $3.62 (-14.7%) from $24.56 to $20.94. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 14.9% (+$3.32). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 7.6% (-$1.86).

Harman International Ind. Inc. (NYSE:HAR) stocks are trading at $31.52. This is 70 cents (-2.1%) below the previous close of $32.18, making the company one of the biggest price losers in the sector today. 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 1, 2011, to September 27, 2011, the stock price had fallen $14.34 (-30.8%) from $46.52 to $32.18. 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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