Luxury Retailers and Casinos Lead Services Stocks on the Rise: COH, WYNN, TIF, GES, BKE

Through early trading on Thursday, October 6, 2011, these stocks are helping the Services (NYSE:IYC) 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.

Coach, Inc. (NYSE:COH) is among the sector price gainers, as its shares are trading at $55.94, up $2.69 (+5%) from the previous close of $53.25. Coach is an American marketer of accessories and gifts, including handbags, footwear, sunwear, travel bags, business cases, jewelry, clothing, fragrance, and watches.

Stock Price Performance: From July 12, 2011, to October 5, 2011, the stock price had fallen $12.44 (-18.9%) from $65.69 to $53.25. The stock price saw one of its best stretches over the last year between April 8, 2011 and April 21, 2011 when shares rose for 10 straight trading days, rising 13.6% (+$6.84). It saw one of its worst periods between May 27, 2011 and June 8, 2011 when shares fell for eight straight trading days, falling 8% (-$5.07).

Wynn Resorts, Limited (NASDAQ:WYNN) is among the top price gainers in the sector. Its shares are trading at $127.37, up $7.43 (+6.2%) from the previous close of $119.94. Wynn Resorts is a developer, owner and operator of destination casino resorts. It owns and operates three: Wynn Las Vegas, Encore at Wynn Las Vegas, and Wynn Macau.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $37.58 (-24%) from $156.33 to $118.75. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 8, 2011 when shares rose for 10 straight trading days, rising 22.7% (+$29.73). It saw one of its worst periods between December 1, 2010 and December 14, 2010 when shares fell for 10 straight trading days, falling 4.9% (-$5.15).

Tiffany & Co. (NYSE:TIF) is among the sector price gainers, as its shares are trading at $65.29, up $2.71 (+4.3%) from the previous close of $62.58. Tiffany & Co. is a jeweler and specialty retailer that sells timepieces, sterling silverware, china, crystal, stationery, fragrances and accessories.

Stock Price Performance: From July 12, 2011, to October 5, 2011, the stock price had fallen $17.61 (-22%) from $80.19 to $62.58. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 19, 2011 when shares rose for seven straight trading days, rising 11.5% (+$7.84). It saw one of its worst periods between December 29, 2010 and January 7, 2011 when shares fell for eight straight trading days, falling 7.3% (-$4.60).

Guess, Inc. (NYSE:GES) is among the top price gainers in the sector. Its shares are trading at $29.24, up $1.08 (+3.8%) from the previous close of $28.16. Guess designs, markets, distribute and licenses a leading lifestyle collection of contemporary apparel and accessories for men, women and children.

Stock Price Performance: From July 12, 2011, to October 5, 2011, the stock price had fallen $12.32 (-30.4%) from $40.48 to $28.16. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 12.6% (+$4.75). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 12.7% (-$5.24).

The Buckle Inc. (NYSE:BKE) is among the sector price gainers, as its shares are trading at $43.69, up $1.84 (+4.4%) from the previous close of $41.85. Buckle is a retailer of medium to better-priced casual apparel, footwear, and accessories for fashion conscious young men and women.

Stock Price Performance: From September 7, 2011, to October 5, 2011, the stock price had risen $4.25 (11.3%) from $37.60 to $41.85. The stock price saw one of its best stretches over the last year between March 22, 2011 and March 31, 2011 when shares rose for eight straight trading days, rising 10.7% (+$3.88). It saw one of its worst periods between October 14, 2010 and October 21, 2010 when shares fell for six straight trading days, falling 6.8% (-$1.92).

 

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