Healthcare Stocks Getting Drop Kicked This Morning

Through the early part of trading on Thursday, September 1, 2011, these stocks are bringing down 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.

Baxter International Inc (NYSE:BAX) stocks are trading at $55.65. This is 45 cents (-0.6%) below the previous close of $55.98, making the company one of the biggest price losers in the sector today. Baxter International Inc is a company which develops and manufactures healthcare products that save and sustain the lives of people with chronic, acute illnesses.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $4.71 (-7.8%) from $60.69 to $55.98. The stock price saw one of its best stretches over the last year between October 4, 2010 and October 12, 2010 when shares rose for seven straight trading days, rising 3.9% (+$1.81). It saw one of its worst periods between July 21, 2011 and August 4, 2011 when shares fell for 11 straight trading days, falling 14.3% (-$8.95).

Becton, Dickinson and Company (NYSE:BDX) is among the price losers in the sector as its stock price is $81.22, down 18 cents (-0.2%) from the previous close of $81.38. Becton, Dickinson & Co offers laboratory equipment, medical supplies, devices and diagnostic products used by healthcare institutions, life science researchers, clinical laboratories and individual consumers.

Stock Price Performance: From May 18, 2011, to August 12, 2011, the stock price had fallen $8.76 (-9.8%) from $89.04 to $80.28. 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 3.1% (+$2.26). It saw one of its worst periods between July 21, 2011 and July 28, 2011 when shares fell for six straight trading days, falling 6.8% (-$6.03).

Luxottica Group S.p.A. (NYSE:LUX) is among the price losers in the sector. Its shares are trading at $29.46, which is 32 cents (-1.1%) below the previous close of $29.78. Luxottica Group S.p.A designs, manufactures and distributes fashion, luxury and sport/performance eyewear. It operates in two industry segments: manufacturing and wholesale distribution; and retail distribution.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $3.69 (-11.3%) from $32.64 to $28.95. The stock price saw one of its best stretches over the last year between March 25, 2011 and April 6, 2011 when shares rose for nine straight trading days, rising 4.7% (+$1.46). It saw one of its worst periods between March 9, 2011 and March 16, 2011 when shares fell for six straight trading days, falling 9.5% (-$3.02).

PerkinElmer, Inc. (NYSE:PKI) is among the price losers in the sector as its stock price is $22.74, down 15 cents (-0.6%) from the previous close of $22.87. PerkinElmer, Inc. provides technology, services and solutions to the environmental monitoring, diagnostics, academic research and safety security markets.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $4.57 (-16.7%) from $27.44 to $22.87. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 8.6% (-$1.95). The stock price saw one of its best stretches over the last year between December 6, 2010 and December 14, 2010 when shares rose for seven straight trading days, rising 5.2% (+$1.25).

Medicis Pharmaceutical Corporation (NYSE:MRX) is one of the sector losers in price. Its shares are trading at $38.84, down 3 cents (-0.1%) from the previous close of $38.90. Medicis Pharmaceutical Corporation focuses on helping patients attain a healthy and youthful appearance and self-image through the development and marketing in the U.S. of products for the treatment of dermatological and aesthetic conditions.

Stock Price Performance: From August 3, 2011, to August 31, 2011, the stock price had risen $3.38 (9.5%) from $35.52 to $38.90. The stock price saw one of its best stretches over the last year between March 31, 2011 and April 7, 2011 when shares rose for six straight trading days, rising 10.6% (+$3.38). It saw one of its worst periods between March 11, 2011 and March 18, 2011 when shares fell for six straight trading days, falling 4% (-$1.25).