Eli Lilly and Cardinal Health Lead Healthcare Stocks on the Rise

Aetna’s earnings beat is powering the healthcare sector higher today. Through most of the trading day on Tuesday, September 13, 2011, these stocks are helping the Healthcare (NYSE:XLV) 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.

Eli Lilly and Company (NYSE:LLY) is among the sector price gainers, as its shares are trading at $36.49, up 45 cents (+1.3%) from the previous close of $36.04. Eli Lilly & Co. develops and manufactures pharmaceutical products as well as animal health products.

Stock Price Performance: From July 15, 2011, to September 12, 2011, the stock price had fallen $1.75 (-4.6%) from $37.79 to $36.04. The stock price saw one of its best stretches over the last year between April 29, 2011 and May 16, 2011 when shares rose for 12 straight trading days, rising 7.1% (+$2.57). It saw one of its worst periods between November 9, 2010 and November 17, 2010 when shares fell for seven straight trading days, falling 2.5% (-85 cents).

Cardinal Health Inc. (NYSE:CAH) is among the top price gainers in the sector. Its shares are trading at $40.48, up 55 cents (+1.4%) from the previous close of $39.93. Cardinal Health, Inc. offers products and services that improve the safety and productivity of healthcare providers.

Stock Price Performance: From July 15, 2011, to September 12, 2011, the stock price had fallen $6.35 (-13.7%) from $46.28 to $39.93. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 7, 2011 when shares rose for eight straight trading days, rising 7.1% (+$3.10). It saw one of its worst periods between April 7, 2011 and April 14, 2011 when shares fell for six straight trading days, falling 3.8% (-$1.58).

DENTSPLY International Inc. (NASDAQ:XRAY) is among the sector price gainers, as its shares are trading at $32.88, up 50 cents (+1.6%) from the previous close of $32.38. DENTSPLY International, Inc. manufactures and distributes dental equipment and products, including artificial teeth and dental consumable products.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $6.67 (-17%) from $39.15 to $32.48. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 8, 2011 when shares rose for nine straight trading days, rising 5.6% (+$2.07). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 5.7% (-$2.22).

The Cooper Companies Inc. (NYSE:COO) is among the top price gainers in the sector. Its shares are trading at $74.64, up $1.60 (+2.2%) from the previous close of $73.04. Cooper Companies, Inc. develops, manufactures and markets healthcare products, primarily medical devices through its two business units, CooperVision, Inc. and CooperSurgical, Inc.

Stock Price Performance: From July 15, 2011, to September 12, 2011, the stock price had fallen $7.51 (-9.3%) from $80.55 to $73.04. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 14, 2011 when shares rose for 12 straight trading days, rising 8.9% (+$5.07). It saw one of its worst periods between July 19, 2011 and July 28, 2011 when shares fell for eight straight trading days, falling 5.6% (-$4.57).

Teleflex Inc. (NYSE:TFX) is among the sector price gainers, as its shares are trading at $54.37, up 81 cents (+1.5%) from the previous close of $53.56. Teleflex Inc. is a global provider of medical technology products that enable healthcare providers to improve patient outcomes, reduce infections and enhance patient and provider safety.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $7.42 (-12.1%) from $61.33 to $53.91. The stock price saw one of its best stretches over the last year between December 7, 2010 and December 16, 2010 when shares rose for eight straight trading days, rising 9.2% (+$4.61). It saw one of its worst periods between November 2, 2010 and November 17, 2010 when shares fell for 12 straight trading days, falling 5.2% (-$2.86).

 

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