Expedia and These 4 Services Stocks are Taking a Hit

Through the early part of trading on Wednesday, September 14, 2011, these stocks are bringing down the Services (NYSE:IYC) 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.

 

Google introduced a search tool for shopping for flights on Tuesday to compete with sites like Expedia. Shares of Expedia, Inc. (NASDAQ:EXPE) are trading at $28.96, down 83 cents (-2.7%) from the previous close of $29.78. Expedia Inc. provides travel products and services to leisure and corporate travelers in the United States and abroad as well as various media and advertising offerings to advertisers.

Stock Price Performance: From June 16, 2011, to September 12, 2011, the stock price had risen $2.70 (10%) from $26.94 to $29.64. It saw one of its worst periods between February 15, 2011 and March 1, 2011 when shares fell for 10 straight trading days, falling 9.3% (-$2). The stock price saw one of its best stretches over the last year between June 27, 2011 and July 5, 2011 when shares rose for six straight trading days, rising 7.3% (+$2.03).

AvalonBay Communities, Inc. (NYSE:AVB) stocks are trading at $131.06. This is $2.31 (-1.7%) below the previous close of $133.26, making the company one of the biggest price losers in the sector today. AvalonBay Communities, Inc. develops, acquires, and operates multifamily communities in barrier-to-entry markets in the United States.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had risen $5.08 (4%) from $128.18 to $133.26. 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 8.6% (+$10.93). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 13.3% (-$17.84).

Camden Property Trust (NYSE:CPT) is one of the sector losers in price. Its shares are trading at $64.15, down $1.84 (-2.6%) from the previous close of $65.86. Camden Property Trust is a real estate investment trust, which is engaged in the ownership, development, construction, and management of multifamily apartment communities.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had risen $2.27 (3.6%) from $63.59 to $65.86. It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 16.9% (-$11.39). The stock price saw one of its best stretches over the last year between April 18, 2011 and May 2, 2011 when shares rose for 10 straight trading days, rising 9.2% (+$5.26).

Home Properties, Inc. (NYSE:HME) is among the price losers in the sector as its stock price is $63.56, down $1.05 (-1.6%) from the previous close of $64.58. Home Properties, Inc. is engaged mainly in the ownership, management, acquisition, rehabilitation and development of residential apartment communities mainly in select Northeast, Mid-Atlantic and Southeast Florida regions of the United States.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had risen $4.81 (8%) from $59.77 to $64.58. It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 17.6% (-$11.41). 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 6.4% (+$3.55).

Ryder System, Inc. (NYSE:R) is among the price losers in the sector. Its shares are trading at $43.30, which is 74 cents (-1.6%) below the previous close of $43.99. Ryder System, Inc. is a global provider of transportation and supply chain management solutions. Its business is divided into three segments of specialization: Fleet Management Solutions, Supply Chain Solutions and Dedicated Contract Carriage. .

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $12.28 (-21.8%) from $56.27 to $43.99. The stock price saw one of its best stretches over the last year between December 13, 2010 and December 21, 2010 when shares rose for seven straight trading days, rising 10.2% (+$4.66). It saw one of its worst periods between July 27, 2011 and August 8, 2011 when shares fell for nine straight trading days, falling 26.3% (-$15.13).