Services Stocks Investors are Buying This Morning

Through early trading, these stocks are helping the Services (NYSE:IYC) 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.

CBS Corporation (NYSE:CBS) is among the top price gainers in the sector. Its shares are trading at $22.96, up 76 cents (+3.4%) from the previous close of $22.20. CBS Corporation is a mass media company with operations in entertainment, cable networks, publishing, local broadcasting and radio.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $5.10 (-18.7%) from $27.24 to $22.14. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 11% (-$3.24). 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 7.2% (+$1.91).

Cablevision Systems Corporation (NYSE:CVC) is among the sector price gainers, as its shares are trading at $16.49, up 52 cents (+3.3%) from the previous close of $15.97. Cablevision Systems Corporation is a telecommunications, media and entertainment company with a portfolio of operations in the United States.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $9.90 (-38.2%) from $25.89 to $15.99. 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 13.7% (+$3.29). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 11.4% (-$2.94).

Foot Locker, Inc. (NYSE:FL) is among the top price gainers in the sector. Its shares are trading at $20.35, up 74 cents (+3.8%) from the previous close of $19.61. Foot Locker, Inc. operates as a global retailer of athletic footwear and apparel. The Company through its subsidiaries operates in two reportable segments; Athletic Stores and Direct-to-Customers.

Stock Price Performance: From July 15, 2011, to September 12, 2011, the stock price had fallen $3.65 (-15.7%) from $23.26 to $19.61. The stock price saw one of its best stretches over the last year between March 31, 2011 and April 8, 2011 when shares rose for seven straight trading days, rising 5.4% (+$1.04). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 11.7% (-$2.90).

Washington Post Co. (NYSE:WPO) is among the sector price gainers, as its shares are trading at $339.73, up $10.40 (+3.2%) from the previous close of $329.32. The Washington Post Company operates as a diversified education and media company.

Stock Price Performance: From June 16, 2011, to September 12, 2011, the stock price had fallen $86.69 (-20.8%) from $416.01 to $329.32. The stock price saw one of its best stretches over the last year between November 30, 2010 and December 14, 2010 when shares rose for 11 straight trading days, rising 13.1% (+$48.76). It saw one of its worst periods between July 26, 2011 and August 1, 2011 when shares fell for five straight trading days, falling 6.5% (-$27.64).

Sotheby’s (NYSE:BID) is among the top price gainers in the sector. Its shares are trading at $35.58, up $1.25 (+3.6%) from the previous close of $34.33. Sothebys is an auctioneer of authenticated fine art, antiques and decorative art, jewelry and collectibles.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $10.23 (-23.3%) from $43.99 to $33.76. 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 18.5% (+$7.46). It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight straight trading days, falling 12.4% (-$5.60).

 

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