Merck and 4 Healthcare Stocks on the Rise: SYK, MRX, TFX, PKI, LNCR

Through early trading on Tuesday, October 11, 2011, these stocks are helping the Healthcare (NYSE:XLV) 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.

Stryker Corporation (NYSE:SYK) is one of the top price gainers. Its stock price is $50.25, which is 86 cents (+1.7%) above the previous close of $49.39. Stryker is a medical technology firm that produces a range of products in medical implants, surgical technologies and emergency medical equipment.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $10.55 (-18.1%) from $58.43 to $47.88. The stock price saw one of its best stretches over the last year between May 6, 2011 and May 18, 2011 when shares rose for nine straight trading days, rising 7.2% (+$4.28). It saw one of its worst periods between September 15, 2011 and September 23, 2011 when shares fell for seven straight trading days, falling 7% (-$3.44).

Shares of Medicis Pharmaceutical Corporation (NYSE:MRX) are trading at $37.77, up 20 cents (+0.5%) from the previous close of $37.57. Medicis Pharmaceutical focuses on helping patients attain a healthy and youthful appearance and self-image through the development and marketing of products that treat dermatological and aesthetic conditions.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $1.98 (-5.1%) from $38.48 to $36.50. The stock price saw one of its best stretches over the last year between March 31, 2011 and April 7, 2011 when shares rose for six straight trading days, rising 10.6% (+$3.37).

Teleflex Inc. (NYSE:TFX) is one of the top price gainers. Its stock price is $55.93, which is 47 cents (+0.8%) above the previous close of $55.46. Teleflex 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 15, 2011, to October 10, 2011, the stock price had fallen $5.90 (-9.6%) from $61.36 to $55.46. 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).

Shares of PerkinElmer Inc. (NYSE:PKI) are trading at $18.68, up 28 cents (+1.5%) from the previous close of $18.39. PerkinElmer provides technology, services, and solutions to the environmental monitoring, diagnostics, academic research, and safety security markets.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $8.21 (-31.4%) from $26.14 to $17.93. It saw one of its worst periods between September 14, 2011 and September 22, 2011 when shares fell for seven straight trading days, falling 10.7% (-$2.26). The stock price saw one of its best stretches over the last year between December 6, 2010 and December 14, 2010 when shares rose for seven straight trading days, rising 5.2% (+$1.25).

Lincare Holdings Inc. (NASDAQ:LNCR) is one of the top price gainers. Its stock price is $21.72, which is 25 cents (+1.2%) above the previous close of $21.47. Lincare Holdings, together with its subsidiaries, is a provider of oxygen and other respiratory therapy services to patients in the home.

Stock Price Performance: From July 15, 2011, to October 10, 2011, the stock price had fallen $7.47 (-25.8%) from $28.94 to $21.47. The stock price saw one of its best stretches over the last year between September 21, 2011 and September 29, 2011 when shares rose for seven straight trading days, rising 10.7% (+$2.17). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 8.5% (-$2.25).