Defense Stocks are Hot in the Capital Goods Sector This Morning: LMT, COL, FLIR, CRR, KMT

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 Lockheed Martin (NYSE:LMT) are trading at $73.22, up 52 cents (+0.7%) from the previous close of $72.71. Lockheed Martin Corporation is a global security company that develops and manufactures advanced technology systems and products.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had fallen $6.49 (-8.2%) from $79.20 to $72.71. The stock price saw one of its best stretches over the last year between March 30, 2011 and April 7, 2011 when shares rose for seven straight trading days, rising 2.5% (+$1.99). It saw one of its worst periods between July 6, 2011 and July 18, 2011 when shares fell for nine straight trading days, falling 5.1% (-$4.13).

Rockwell Collins, Inc. (NYSE:COL) is one of the top price gainers. Its stock price is $49.08, which is 40 cents (+0.6%) above the previous close of $48.77. Rockwell Collins, Inc. designs and produces communications and aviation electronics for commercial and military customers across the globe.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had fallen $11.16 (-18.6%) from $59.93 to $48.77. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 10, 2011 when shares rose for 10 straight trading days, rising 5.7% (+$3.59). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 7.4% (-$4.63).

Shares of FLIR Systems, Inc. (NASDAQ:FLIR) are trading at $26.11, up 12 cents (+0.4%) from the previous close of $26. FLIR Systems, Inc. designs and manufactures thermal imaging systems used for a variety of applications in commercial, industrial and government markets across the globe.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had fallen $7.07 (-21.4%) from $33.07 to $26. 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 6.8% (+$2.16). It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10 straight trading days, falling 15.4% (-$4.43).

CARBO Ceramics Inc. (NYSE:CRR) is one of the top price gainers. Its stock price is $150.07, which is $3.18 (+1.9%) above the previous close of $147.31. Carbo Ceramics, Inc. is a supplier of ceramic proppant, the provider of the world’s most popular fracture simulation software, and a provider of fracture design, engineering and consulting services.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $22.88 (-13.4%) from $170.19 to $147.31. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 6, 2011 when shares rose for nine straight trading days, rising 15.5% (+$23). It saw one of its worst periods between July 25, 2011 and August 2, 2011 when shares fell for seven straight trading days, falling 19% (-$34.14).

Shares of Kennametal Inc. (NYSE:KMT) are trading at $34.18, up 64 cents (+1.9%) from the previous close of $33.54. Kennametal Inc. is a global supplier of tooling, engineered components and advanced materials consumed in production processes.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $9.95 (-22.9%) from $43.49 to $33.54. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine straight trading days, rising 12.7% (+$5.05). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 18.8% (-$8.42).