Healthcare Stocks Investors are Dumping in a Down Market

Through most of the trading day on Monday, September 12, 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.

AmerisourceBergen Corporation (NYSE:ABC) is one of the sector losers in price. Its shares are trading at $37.61, down 82 cents (-2.1%) from the previous close of $38.40. AmerisourceBergen Corporation is a pharmaceutical services company providing drug distribution and related healthcare services to pharmacy, physician, and manufacturer customers based in North America.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $3.69 (-8.8%) from $42.09 to $38.40. The stock price saw one of its best stretches over the last year between December 13, 2010 and December 23, 2010 when shares rose for nine straight trading days, rising 9.5% (+$2.95). It saw one of its worst periods between July 22, 2011 and August 1, 2011 when shares fell for seven straight trading days, falling 6.9% (-$2.78).

DENTSPLY International Inc. (NASDAQ:XRAY) is among the price losers in the sector as its stock price is $31.84, down 64 cents (-2%) from the previous close of $32.48. DENTSPLY International, Inc. manufactures and distributes dental equipment and products, including artificial teeth and dental consumable products.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $6.67 (-17%) from $39.15 to $32.48. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 8, 2011 when shares rose for nine straight trading days, rising 5.6% (+$2.07). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 5.7% (-$2.22).

Universal Health Services Inc. (NYSE:UHS) is among the price losers in the sector. Its shares are trading at $36.92, which is 95 cents (-2.4%) below the previous close of $37.84. Universal Health Services, Inc. through its subsidiaries is engaged in the business of owning and operating, acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $14.39 (-27.6%) from $52.23 to $37.84. 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 18.8% (+$8.64). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 29.9% (-$15.70).

Pharmaceutical Product Development, Inc. (NASDAQ:PPDI) stocks are trading at $29.59. This is $1.32 (-4.3%) below the previous close of $30.92, making the company one of the biggest price losers in the sector today. Pharmaceutical Product Development, Inc. is a global contract research organization, which provides drug discovery and development services, post-approval expertise and compound partnering programs.

Stock Price Performance: From August 11, 2011, to September 9, 2011, the stock price had risen $5.09 (19.7%) from $25.83 to $30.92. The stock price saw one of its best stretches over the last year between December 7, 2010 and December 16, 2010 when shares rose for eight straight trading days, rising 7.5% (+$1.86). It saw one of its worst periods between March 9, 2011 and March 18, 2011 when shares fell for eight straight trading days, falling 5.5% (-$1.58).

Shares of Teleflex Inc. (NYSE:TFX) are trading at $52.80, down $1.12 (-2%) from the previous close of $53.91. Teleflex Inc. is a global provider of medical technology products that enable healthcare providers to improve patient outcomes, reduce infections and enhance patient and provider safety.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $7.42 (-12.1%) from $61.33 to $53.91. The stock price saw one of its best stretches over the last year between December 7, 2010 and December 16, 2010 when shares rose for eight straight trading days, rising 9.2% (+$4.61). It saw one of its worst periods between November 2, 2010 and November 17, 2010 when shares fell for 12 straight trading days, falling 5.2% (-$2.86).