Financial Stocks Investors are Buying August 31st

Through early trading, these stocks are helping the Financial (NYSE:XLF) 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.

AFLAC Incorporated (NYSE:AFL) is among the sector price gainers, as its shares are trading at $37.98, up $1.06 (+2.9%) from the previous close of $36.92. Aflac Inc commenced a private offer to exchange its outstanding $850 million of 8.5% senior notes due 2019 for new senior notes due 2022. Aflac, Inc., a general business holding company, provides supplemental health and life insurance through its subsidiaries in the United States and Japan.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $9.16 (-19.9%) from $46.08 to $36.92. The stock price saw one of its best stretches over the last year between March 29, 2011 and April 6, 2011 when shares rose for seven straight trading days, rising 5% (+$2.57). It saw one of its worst periods between May 26, 2011 and June 8, 2011 when shares fell for nine straight trading days, falling 9.5% (-$4.68).

TD Ameritrade Holding Corporation (NASDAQ:AMTD) is among the top price gainers in the sector. Its shares are trading at $15.60, up 43 cents (+2.9%) from the previous close of $15.17. Investors are driving the broker’s shares higher today. TD Ameritrade Holding Corporation provides securities brokerage services, including trade execution, clearing services and margin lending, through its broker-dealer subsidiaries.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $4.43 (-22.6%) from $19.60 to $15.17. 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 6.6% (+$1.22). It saw one of its worst periods between June 2, 2011 and June 13, 2011 when shares fell for eight straight trading days, falling 8.9% (-$1.82).

Invesco Ltd. (NYSE:IVZ) is among the sector price gainers, as its shares are trading at $18.47, up 53 cents (+3%) from the previous close of $17.94. The company’s price target was recently lowered at Susquehanna, but that is not holding back investors from bidding shares upward today. Invesco Ltd. is a global investment management company providing retail, institutional and high-net-worth clients around the world with innovative solutions.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $5.30 (-22.8%) from $23.24 to $17.94. The stock price saw one of its best stretches over the last year between February 9, 2011 and February 18, 2011 when shares rose for eight straight trading days, rising 9.4% (+$2.32). It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 12% (-$2.19).

Lincoln National Corporation (NYSE:LNC) is among the top price gainers in the sector. Its shares are trading at $21.24, up 68 cents (+3.3%) from the previous close of $20.56. Following yesterday’s drop, shares are rallying today. Lincoln National Corp. offers a range of wealth protection, accumulation and retirement income products and solutions through its multiple insurance and investment management businesses.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $8.04 (-28.1%) from $28.60 to $20.56. 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 8.9% (+$2.39). It saw one of its worst periods between October 21, 2010 and November 1, 2010 when shares fell for eight straight trading days, falling 7.1% (-$1.85).

Waddell & Reed Financial Inc (NYSE:WDR) is among the sector price gainers, as its shares are trading at $32.10, up $1.21 (+3.9%) from the previous close of $30.89. Earlier this month, Sterne Agee  upgraded shares from Neutral to Buy with a $42 price target. Investors are bidding to the upside today. Waddell & Reed Financial, Inc. is a mutual fund and asset management firm, with expertise in a range of investment styles and across a variety of market environments.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $6.61 (-17.6%) from $37.50 to $30.89. 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 15% (+$5.20). It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 15.8% (-$5.07).