Cummins and Fluor Lead Capital Goods Stocks Spiking Higher: DE, CMI, FLR, PNR, SPW

Through early trading, these stocks are helping the Capital Goods (NYSE:XLI) 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 Deere & Company (NYSE:DE) are trading at $70.42, up 69 cents (+1.5%) from the previous close of $69.38. Deere & Company provides products and services for agriculture, forestry, construction, landscaping, and irrigation.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $15.25 (-18.8%) from $80.95 to $65.70. The stock price saw one of its best stretches over the last year between January 4, 2011 and January 18, 2011 when shares rose for 10 straight trading days, rising 9.1% (+$7.47). It saw one of its worst periods between September 15, 2011 and September 23, 2011 when shares fell for seven straight trading days, falling 14.2% (-$11.11).

Cummins Inc. (NYSE:CMI) is among the sector price gainers, as its shares are trading at $95.59, up $1.51 (+1.6%) from the previous close of $94.08. Cummins is a company engaged in the design, manufacturing, and distribution of diesel and natural gas engines and related technologies. Its services to markets worldwide include electric power generation systems and engine-related component products.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $13.87 (-13.3%) from $104.04 to $90.17. The stock price saw one of its best stretches over the last year between March 22, 2011 and April 1, 2011 when shares rose for nine straight trading days, rising 9.4% (+$9.53). It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six straight trading days, falling 12.9% (-$12.60).

Fluor Corporation (NYSE:FLR) is among the top price gainers in the sector. Its shares are trading at $54.02, up $1.25 (+2.4%) from the previous close of $52.77. Fluor Corporation provides professional services and project management in the fields of procurement, engineering, construction and maintenance.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $14.02 (-21.9%) from $64.16 to $50.14. The stock price saw one of its best stretches over the last year between January 4, 2011 and January 18, 2011 when shares rose for 10 straight trading days, rising 12.3% (+$7.89). It saw one of its worst periods between April 5, 2011 and April 14, 2011 when shares fell for eight straight trading days, falling 9.2% (-$6.72).

Pentair Inc. (NYSE:PNR) is among the sector price gainers, as its shares are trading at $35.55, up 50 cents (+1.4%) from the previous close of $35.05. Pentair is an industrial manufacturing company which is comprised of two operating segments: Water and Technical Products.

Stock Price Performance: From July 15, 2011, to October 10, 2011, the stock price had fallen $5.27 (-13.1%) from $40.32 to $35.05. The stock price saw one of its best stretches over the last year between March 23, 2011 and April 6, 2011 when shares rose for 11 straight trading days, rising 7.1% (+$2.59). It saw one of its worst periods between July 25, 2011 and August 2, 2011 when shares fell for seven straight trading days, falling 12.7% (-$5.15).

SPX Corporation (NYSE:SPW) is among the top price gainers in the sector. Its shares are trading at $50.67, up 76 cents (+1.5%) from the previous close of $49.91. SPX is a global multi-industry manufacturing company offering highly-specialized engineered solutions to solve critical problems for customers.

Stock Price Performance: From July 15, 2011, to October 10, 2011, the stock price had fallen $30.75 (-38.1%) from $80.66 to $49.91. 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 6% (+$4.48). It saw one of its worst periods between July 22, 2011 and August 8, 2011 when shares fell for 12 straight trading days, falling 36% (-$29.84).