Hotel and Supermarket Stocks Help the Services Sector Climb Higher

Through early trading, these stocks are helping the Services (NYSE:IYC) 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.

Starwood Hotel & Resorts Worldwide, Inc. (NYSE:HOT) is among the sector price gainers, as its shares are trading at $45.19, up $1.51 (+3.5%) from the previous close of $43.68. The stock is rebounding after yesterday Credit Suisse (NYSE:CS) lowered its price target to $64. Starwood Hotels & Resorts Worldwide Inc. operates hotel and leisure business. Its brand names include St. Regis, The Luxury Collection, W, Westin and Le Mridien.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $14.76 (-25.3%) from $58.44 to $43.68. The stock price saw one of its best stretches over the last year between April 14, 2011 and April 21, 2011 when shares rose for six straight trading days, rising 7.4% (+$4.21). It saw one of its worst periods between March 30, 2011 and April 11, 2011 when shares fell for nine straight trading days, falling 3.3% (-$1.91).

Safeway Inc. (NYSE:SWY) is among the top price gainers in the sector. Its shares are trading at $18.52, up 45 cents (+2.5%) from the previous close of $18.07. Fresh Market (NASDAQ:TFM) reported double-digit earnings growth that are helping all supermarkets today. Safeway Inc. is a retail supermarket chain in North America. As a food and drug retailer, the company, with its subsidiaries, operates stores that offer a range of grocery products, general merchandise and specialty departments like pharmacies and coffee shops. It also owns and operates distribution, manufacturing, and food processing facilities.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $5.07 (-21.9%) from $23.14 to $18.07. The stock price saw one of its best stretches over the last year between February 4, 2011 and February 17, 2011 when shares rose for 10 straight trading days, rising 6.8% (+$1.41). It saw one of its worst periods between July 19, 2011 and July 28, 2011 when shares fell for eight straight trading days, falling 16.5% (-$4).

SL Green Realty Corporation (NYSE:SLG) is among the sector price gainers, as its shares are trading at $72.00, up $1.81 (+2.6%) from the previous close of $70.19. The real estate company is benefitting from the general market rally. SL Green Realty Corporation is a self-managed real estate investment trust, with in-house capabilities in property management, acquisitions, financing, development, construction and leasing.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $15.84 (-18.4%) from $86.03 to $70.19. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 12.9% (-$11.28). The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine straight trading days, rising 6.9% (+$5.68).

Wyndham Worldwide Corporation (NYSE:WYN) is among the top price gainers in the sector. Its shares are trading at $32.61, up 78 cents (+2.5%) from the previous close of $31.83. The company is also up on the general rally. Wyndham Worldwide Corporation is a hospitality company, offering individual consumers and business customers hospitality products and services.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $2.89 (-8.3%) from $34.72 to $31.83. The stock price saw one of its best stretches over the last year between April 18, 2011 and May 2, 2011 when shares rose for 10 straight trading days, rising 12.6% (+$3.87). It saw one of its worst periods between November 4, 2010 and November 12, 2010 when shares fell for seven straight trading days, falling 7.5% (-$2.22).

Service Corporation International (NYSE:SCI) is among the sector price gainers, as its shares are trading at $10.40, up 28 cents (+2.8%) from the previous close of $10.12. Service Corporation International, Inc. is a provider of deathcare products and services in North America. Its services consist of funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and related businesses.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $1.88 (-15.7%) from $11.95 to $10.07. The stock price saw one of its best stretches over the last year between January 7, 2011 and January 18, 2011 when shares rose for seven straight trading days, rising 7.2% (+58 cents). It saw one of its worst periods between July 6, 2011 and July 14, 2011 when shares fell for seven straight trading days, falling 5.9% (-70 cents).