Kellog and Heinz Lead Stocks in the Consumer Staples Sector Being Tossed: RAI, K, HNZ, CPB, CAG

Through most of the trading day on Wednesday, October 5, 2011, these stocks are bringing down the Consumer/Non-Cyclical (NYSE:XLP) 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.

Reynolds American, Inc. (NYSE:RAI) is among the price losers in the sector as its stock price is $37.52, down 34 cents (-0.9%) from the previous close of $37.88. Reynolds American manufactures cigarettes and other tobacco products in the United States.

Stock Price Performance: From August 8, 2011, to October 4, 2011, the stock price had risen $5.86 (18.3%) from $32.02 to $37.88. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 30, 2011 when shares rose for 11 straight trading days, rising 10.6% (+$3.36). It saw one of its worst periods between March 8, 2011 and March 16, 2011 when shares fell for seven straight trading days, falling 5.2% (-$1.72).

Kellogg Company (NYSE:K) stocks are trading at $52.71. This is 48 cents (-0.9%) below the previous close of $53.20, making the company one of the biggest price losers in the sector today. Kellogg, with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience foods, including cookies, crackers, and toaster pastries.

Stock Price Performance: From August 8, 2011, to October 4, 2011, the stock price had risen $1.94 (3.8%) from $51.26 to $53.20. The stock price saw one of its best stretches over the last year between December 7, 2010 and December 20, 2010 when shares rose for 10 straight trading days, rising 5% (+$2.39). It saw one of its worst periods between January 21, 2011 and February 1, 2011 when shares fell for eight straight trading days, falling 3.4% (-$1.71).

Shares of H. J. Heinz Company (NYSE:HNZ) are trading at $49.27, down 42 cents (-0.8%) from the previous close of $49.66. HJ Heinz manufactures food products, including ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $3.13 (-5.9%) from $52.79 to $49.66. The stock price saw one of its best stretches over the last year between March 30, 2011 and April 6, 2011 when shares rose for six straight trading days, rising 1.1% (+55 cents). It saw one of its worst periods between January 24, 2011 and February 2, 2011 when shares fell for eight straight trading days, falling 4% (-$1.91).

Campbell Soup Company (NYSE:CPB) is one of the sector losers in price. Its shares are trading at $32.59, down 32 cents (-1%) from the previous close of $32.94. Campbell Soup, with its consolidated subsidiaries, is a global manufacturer of convenience food products.

Stock Price Performance: From August 8, 2011, to October 4, 2011, the stock price had risen $2.25 (7.3%) from $30.69 to $32.94. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 2, 2011 when shares rose for six straight trading days, rising 3.1% (+$1.02). It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six straight trading days, falling 2.9% (-96 cents).

ConAgra Foods Inc. (NYSE:CAG) is among the price losers in the sector as its stock price is $24.31, down 27 cents (-1.1%) from the previous close of $24.58. ConAgra Foods supplies frozen potato products, as well as other food products, to restaurants and commercial customers.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $1.34 (-5.2%) from $25.92 to $24.58. The stock price saw one of its best stretches over the last year between August 10, 2011 and August 16, 2011 when shares rose for five straight trading days, rising 4.5% (+$1.03). It saw one of its worst periods between July 26, 2011 and August 4, 2011 when shares fell for eight straight trading days, falling 7.7% (-$2.01).

 

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