Corning Leads Consumer/Non-Cyclical Stocks Traders are Buying: GLW, EL, BRFS, HLF, SEB

Through early trading, these stocks are helping the Consumer/Non-Cyclical (NYSE:XLP) 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.

Corning Inc. (NYSE:GLW) is among the top price gainers in the sector. Its shares are trading at $13.15, up 55 cents (+4.4%) from the previous close of $12.60. Corning provides glass for LCD televisions, computer monitors, and other information display applications as well as optical fiber and cable products.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $5.29 (-30.8%) from $17.19 to $11.90. 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 4.5% (+92 cents). It saw one of its worst periods between March 25, 2011 and April 8, 2011 when shares fell for 11 straight trading days, falling 8.8% (-$1.87).

Shares of Estee Lauder Companies Inc. (NYSE:EL) are trading at $90.09, up $2.12 (+2.4%) from the previous close of $87.97. The Estee Lauder Companies manufacture skin care, makeup, fragrance, and hair care products.

Stock Price Performance: From July 12, 2011, to October 5, 2011, the stock price had fallen $15.96 (-15.4%) from $103.93 to $87.97. The stock price saw one of its best stretches over the last year between August 25, 2011 and September 1, 2011 when shares rose for six straight trading days, rising 5.3% (+$4.95). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 7.1% (-$7.28).

BRF-Brasil Foods S.A. (NYSE:BRFS) is one of the top price gainers. Its stock price is $17.96, which is 69 cents (+4%) above the previous close of $17.27. Brasil Foods is focused on the raising, producing, and slaughtering of poultry, pork, and beef and the processing and/or sale of meat, processed products, milk and dairy products, pasta, frozen vegetables, and soybean derivatives.

Stock Price Performance: From September 7, 2011, to October 5, 2011, the stock price had dropped $2.76 (-13.8%) from $20.03 to $17.27. 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 9.8% (+$1.66). It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six straight trading days, falling 15.6% (-$3.01).

Shares of Herbalife Ltd. (NYSE:HLF) are trading at $51.95, up $1.20 (+2.4%) from the previous close of $50.76. Herbalife is a marketing company that sells weight management, nutritional supplement, energy, sports and fitness products and personal care products.

Stock Price Performance: From September 28, 2011, to October 4, 2011, the stock price had dropped $7.53 (-13.1%) from $57.61 to $50.08. The stock price saw one of its best stretches over the last year between February 15, 2011 and February 28, 2011 when shares rose for nine straight trading days, rising 17.1% (+$5.68). It saw one of its worst periods between September 27, 2011 and October 4, 2011 when shares fell for six straight trading days, falling 13.9% (-$8.07).

Seaboard Corporation (AMEX:SEB) is one of the top price gainers. Its stock price is $1755, which is $71 (+4.2%) above the previous close of $1684. Seaboard and its subsidiaries are a diversified international agribusiness and transportation company.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $720.25 (-29.8%) from $2420.25 to $1700. The stock price saw one of its best stretches over the last year between March 15, 2011 and March 31, 2011 when shares rose for 13 straight trading days, rising 20.5% (+$411). It saw one of its worst periods between April 29, 2011 and May 9, 2011 when shares fell for seven straight trading days, falling 4.1% (-$99).

 

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