Financial Stocks Investors are Buying as Markets Rally: STI, MTB, HBAN, CMA, TRH

Through early trading on Monday, September 26, 2011, these stocks are helping the Financial (NYSE:XLF) sector today. 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.

Suntrust Banks Inc. (NYSE:STI) is among the top price gainers in the sector. Its shares are trading at $17.47, up 50 cents (+2.9%) from the previous close of $16.97. SunTrust Banks, Inc. is a financial services holding company whose businesses provide a range of financial services to consumer and corporate clients.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $8.68 (-33.8%) from $25.65 to $16.97. The stock price saw one of its best stretches over the last year between April 26, 2011 and May 3, 2011 when shares rose for six straight trading days, rising 3.9% (+$1.08). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 11% (-$2.84).

M&T Bank Corporation (NYSE:MTB) is among the sector price gainers, as its shares are trading at $71.24, up $2.23 (+3.2%) from the previous close of $69.01. M&T Bank offers commercial and retail banking services, including loans and deposits, mortgage banking, trust, asset management, insurance, and other financial services.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $17.81 (-20.5%) from $86.82 to $69.01. The stock price saw one of its best stretches over the last year between October 28, 2010 and November 5, 2010 when shares rose for seven straight trading days, rising 10.8% (+$7.77). It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six straight trading days, falling 9% (-$6.73).

Huntington Bancshares Incorporated (NASDAQ:HBAN) is among the top price gainers in the sector. Its shares are trading at $4.78, up 18 cents (+3.8%) from the previous close of $4.60. Huntington Bancshares is a financial holding company that offers various financial services through its subsidiary in several states.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $1.89 (-29.1%) from $6.49 to $4.60. The stock price saw one of its best stretches over the last year between November 26, 2010 and December 6, 2010 when shares rose for seven straight trading days, rising 16.4% (+90 cents). It saw one of its worst periods between February 15, 2011 and February 24, 2011 when shares fell for seven straight trading days, falling 10.4% (-78 cents).

Comerica Inc. (NYSE:CMA) is among the sector price gainers, as its shares are trading at $23.07, up 58 cents (+2.6%) from the previous close of $22.49. Comerica Incorporated is a financial holding company that operates in business, retail and wealth management.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $11.60 (-34%) from $34.09 to $22.49. The stock price saw one of its best stretches over the last year between October 28, 2010 and November 8, 2010 when shares rose for eight straight trading days, rising 8.7% (+$3.08). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 9.4% (-$3.18).

Transatlantic Holdings Inc. (NYSE:TRH) is among the top price gainers in the sector. Its shares are trading at $48.22, up $1.57 (+3.4%) from the previous close of $46.65. Transatlantic Holdings Inc. through its operating subsidiaries offers reinsurance capacity for a full range of property and casualty products to insurers and reinsures on a treaty and facultative basis.

Stock Price Performance: From July 28, 2011, to September 23, 2011, the stock price had fallen $4.62 (-9%) from $51.27 to $46.65. The stock price saw one of its best stretches over the last year between October 7, 2010 and October 18, 2010 when shares rose for eight straight trading days, rising 2.7% (+$1.33). It saw one of its worst periods between August 15, 2011 and August 25, 2011 when shares fell for nine straight trading days, falling 5.5% (-$2.81).