Cummins and These 4 Stocks are Seeing Prices Rise in the Capital Goods Sector

These stocks are helping the Capital Goods (NYSE:XLI) sector after President Obama announced plans for a $300 billion jobs package. 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 Cummins Inc. (NYSE:CMI) are trading at $89.02, up $3.48 (+4.1%) from the previous close of $85.54. Cummins, Inc. 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 11, 2011, to September 6, 2011, the stock price had fallen $17.66 (-17.1%) from $103.20 to $85.54. 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 July 26, 2011 and August 2, 2011 when shares fell for six straight trading days, falling 10.5% (-$11.62).

KBR, Inc. (NYSE:KBR) is one of the top price gainers. Its stock price is $29.48, which is 100 cents (+3.5%) above the previous close of $28.48. KBR, Inc. is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial sectors.

Stock Price Performance: From July 11, 2011, to September 6, 2011, the stock price had fallen $8.33 (-22.6%) from $36.81 to $28.48. The stock price saw one of its best stretches over the last year between June 17, 2011 and July 7, 2011 when shares rose for 14 straight trading days, rising 13.4% (+$4.58). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 26.4% (-$9.42).

Shares of Nordson Corporation (NASDAQ:NDSN) are trading at $42.29, up $1.68 (+4.1%) from the previous close of $40.61. The Company is a manufacturer of equipment used for precision material dispensing, testing and inspection, surface preparation and curing.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $17.02 (-29.1%) from $58.47 to $41.45. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 6, 2011 when shares rose for eight straight trading days, rising 4.6% (+$2.58). It saw one of its worst periods between July 25, 2011 and August 8, 2011 when shares fell for 11 straight trading days, falling 31.8% (-$17.92).

SPX Corporation (NYSE:SPW) is one of the top price gainers. Its stock price is $53.44, which is $2.47 (+4.8%) above the previous close of $50.97. SPX Corporation is a global multi-industry manufacturing company, which offers highly-specialized engineered solutions to solve critical problems for customers.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $32.50 (-38.2%) from $85.12 to $52.62. 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% (+$4.50). 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% (-$29.98).

Shares of Trinity Industries Inc. (NYSE:TRN) are trading at $25.64, up $1.28 (+5.3%) from the previous close of $24.36. Trinity Industries, Inc. manufactures and sells railcars and railcar parts, inland barges, structural wind towers, concrete and aggregates, asphalt, highway products and structural steel components.

Stock Price Performance: From July 11, 2011, to September 6, 2011, the stock price had fallen $11.55 (-32.2%) from $35.91 to $24.36. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10 straight trading days, rising 16.4% (+$5.23). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 36.3% (-$12.76).