Philip Morris, Corning and 3 Consumer Stocks Catching a Bid: PM, GLW, MJN, SPLS, TUP

Through early trading, these stocks are helping 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.

Philip Morris International Inc. (NYSE:PM) is among the top price gainers in the sector. Its shares are trading at $63.60, up 80 cents (+1.3%) from the previous close of $62.80. Philip Morris International is the holding company whose subsidiaries and affiliates manufacture and sell cigarettes and other tobacco products in markets outside the U.S.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $5.07 (-7.5%) from $67.87 to $62.80. The stock price saw one of its best stretches over the last year between February 10, 2011 and February 24, 2011 when shares rose for 10 straight trading days, rising 5.3% (+$3.02). It saw one of its worst periods between August 29, 2011 and September 6, 2011 when shares fell for six straight trading days, falling 3.8% (-$2.65).

Shares of Corning Inc. (NYSE:GLW) are trading at $12.25, up 35 cents (+2.9%) from the previous close of $11.90. Corning provides glass for LCD televisions, computer monitors, and other information display applications as well as optical fiber and cable products.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $5.29 (-30.8%) from $17.19 to $11.90. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 25, 2011 when shares rose for eight straight trading days, rising 4.5% (+92 cents). It saw one of its worst periods between March 25, 2011 and April 8, 2011 when shares fell for 11 straight trading days, falling 8.8% (-$1.87).

Mead Johnson Nutrition Company (NYSE:MJN) is one of the top price gainers. Its stock price is $69.08, which is 99 cents (+1.4%) above the previous close of $68.09. Mead Johnson Nutrition provides pediatric nutrition and related products which help improve the health and development of infants and children around the world.

Stock Price Performance: From September 28, 2011, to October 4, 2011, the stock price had dropped $3.98 (-5.5%) from $72.07 to $68.09. The stock price saw one of its best stretches over the last year between June 22, 2011 and July 5, 2011 when shares rose for nine straight trading days, rising 7.4% (+$4.83). It saw one of its worst periods between January 21, 2011 and February 2, 2011 when shares fell for nine straight trading days, falling 6.7% (-$4.09).

Shares of Staples, Inc. (NASDAQ:SPLS) are trading at $13.63, up 38 cents (+2.8%) from the previous close of $13.26. Staples is an office products company.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $1.90 (-12.5%) from $15.16 to $13.26. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven straight trading days, rising 4.2% (+64 cents). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 11% (-$1.82).

Tupperware Brands Corporation (NYSE:TUP) is one of the top price gainers. Its stock price is $52.73, which is 87 cents (+1.7%) above the previous close of $51.86. Tupperware Brands is engaged in the manufacture and sale of storage solutions for the kitchen and household.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $17.37 (-25.1%) from $69.23 to $51.86. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 27, 2011 when shares rose for seven straight trading days, rising 7.5% (+$4.37). It saw one of its worst periods between May 10, 2011 and May 17, 2011 when shares fell for six straight trading days, falling 7.4% (-$4.86).

 

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