Joy Global and 4 Capital Goods Stocks Climbing Upward: ITT, JOYG, KBR, GDI, KMT

Through early trading on Thursday, October 6, 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.

ITT Corporation (NYSE:ITT) is one of the top price gainers. Its stock price is $43.77, which is $1.18 (+2.8%) above the previous close of $42.59. ITT Corporation is a global multi-industry company that designs and manufactures engineered products and related services.

Stock Price Performance: From July 12, 2011, to October 5, 2011, the stock price had fallen $14.34 (-25.2%) from $56.93 to $42.59. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011 when shares rose for six straight trading days, rising 5% (+$2.15). It saw one of its worst periods between July 25, 2011 and August 4, 2011 when shares fell for nine straight trading days, falling 15.3% (-$8.63).

Shares of Joy Global Inc. (NASDAQ:JOYG) are trading at $68.04, up $1.69 (+2.5%) from the previous close of $66.35. Joy Global is a manufacturer and servicer of mining equipment for the extraction of coal and other minerals and ores. The equipment is used in the mining regions globally to mine coal, copper, iron ore, oil sands, and other minerals.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $32.61 (-34.6%) from $94.27 to $61.66. 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 8.1% (+$6.98). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 23.7% (-$22.17).

KBR, Inc. (NYSE:KBR) is one of the top price gainers. Its stock price is $25.23, which is 61 cents (+2.5%) above the previous close of $24.62. KBR is a global engineering, construction, and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, and industrial sectors.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $13.65 (-37.2%) from $36.74 to $23.09. The stock price saw one of its best stretches over the last year between June 17, 2011 and July 7, 2011 when shares rose for 14 straight trading days, rising 13.4% (+$4.57). It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven straight trading days, falling 26.4% (-$9.41).

Shares of Gardner Denver Inc. (NYSE:GDI) are trading at $66.44, up $2.02 (+3.1%) from the previous close of $64.42. Gardner Denver designs, manufactures and markets engineered industrial machinery and related parts and services.

Stock Price Performance: From July 12, 2011, to October 5, 2011, the stock price had fallen $19.58 (-23.3%) from $84 to $64.42. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 6, 2011 when shares rose for eight straight trading days, rising 11.1% (+$8.75). It saw one of its worst periods between December 21, 2010 and December 31, 2010 when shares fell for eight straight trading days, falling 2.8% (-$1.95).

Kennametal Inc. (NYSE:KMT) is one of the top price gainers. Its stock price is $33.54, which is $1.00 (+3.1%) above the previous close of $32.54. Kennametal is a global supplier of tooling, engineered components, and advanced materials consumed in production processes.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $12.61 (-28.9%) from $43.59 to $30.98. 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 12.7% (+$5.05). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 18.8% (-$8.42).