GE and 4 Capital Goods Stocks Catching a Bid: GE, NOC, RTN, LLL, FLIR

Through early trading on Thursday, September 29, 2011, these stocks are helping the Capital Goods (NYSE:XLI) 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.

General Electric Company (NYSE:GE) is one of the top price gainers. Its stock price is $15.79, which is 34 cents (+2.2%) above the previous close of $15.45. General Electric is an advanced technology, services and finance company that provides services ranging from aircraft engines to business and consumer financing.

Stock Price Performance: From July 1, 2011, to September 27, 2011, the stock price had fallen $3.26 (-17.1%) from $19.02 to $15.76. 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 6.9% (+$1.22). It saw one of its worst periods between November 5, 2010 and November 17, 2010 when shares fell for nine straight trading days, falling 5.6% (-90 cents).

Shares of Northrop Grumman Corporation (NYSE:NOC) are trading at $53.46, up $1.36 (+2.6%) from the previous close of $52.10. Northrop Grumman offers its global customers innovative products, services, and solutions in information and services, aerospace, electronics, and shipbuilding.

Stock Price Performance: From July 1, 2011, to September 27, 2011, the stock price had fallen $16.17 (-23.2%) from $69.66 to $53.49. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven straight trading days, rising 6.3% (+$4.12). It saw one of its worst periods between July 6, 2011 and July 18, 2011 when shares fell for nine straight trading days, falling 8% (-$5.58).

Raytheon Company (NYSE:RTN) is one of the top price gainers. Its stock price is $41.41, which is $1.12 (+2.8%) above the previous close of $40.29. Raytheon provides electronics, mission systems integration, and other capabilities to customers in defense, homeland security and other government markets throughout the world.

Stock Price Performance: From July 1, 2011, to September 27, 2011, the stock price had fallen $9.54 (-19%) from $50.11 to $40.57. The stock price saw one of its best stretches over the last year between December 29, 2010 and January 7, 2011 when shares rose for eight straight trading days, rising 10.6% (+$4.69). It saw one of its worst periods between July 1, 2011 and July 18, 2011 when shares fell for 11 straight trading days, falling 9.3% (-$4.68).

Shares of L three Communication Holdings Inc. (NYSE:LLL) are trading at $64.05, up $1.93 (+3.1%) from the previous close of $62.12. L-3 Communications is a system contractor in aircraft modernization and maintenance, serving customers in commercial telecommunications and government.

Stock Price Performance: From July 5, 2011, to September 28, 2011, the stock price had fallen $24.08 (-27.9%) from $86.20 to $62.12. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 28, 2011 when shares rose for eight straight trading days, rising 7.3% (+$5.38). It saw one of its worst periods between July 1, 2011 and July 18, 2011 when shares fell for 11 straight trading days, falling 8.3% (-$7.26).

FLIR Systems, Inc. (NASDAQ:FLIR) is one of the top price gainers. Its stock price is $26.33, which is 64 cents (+2.5%) above the previous close of $25.69. FLIR Systems 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 July 5, 2011, to September 28, 2011, the stock price had fallen $8.26 (-24.3%) from $33.95 to $25.69. 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).