Stock Prices Climbing For These Stocks in the Basic Materials Sector

Through early afternoon trading on Wednesday, August 24, 2011, these stocks are helping the Basic Materials (NYSE:XLB) 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.

International Paper Co. (NYSE:IP) is among the top price gainers in the sector today. Its shares are trading at $25.15, up 56 cents (+2.3%) from a previous close of $24.59. International Paper Co. is a global paper and packaging company with operations in North America, Europe, Latin America, Russia, Asia and North Africa.

Stock Price Performance: During May 27, 2011 to August 23, 2011, the stock price had fallen $5.98 (-19.6%) from $30.57 to $24.59. The stock price saw one of its best stretches over the last year between December 16, 2010 and December 29, 2010 when shares rose for nine-straight days, rising 6.8% (+$1.70) over that span. It saw one of its worst periods between July 28, 2011 and August 8, 2011 when shares fell for eight-straight days, falling 23.9% (-$7.22) over that span.

Valhi, Inc. (NYSE:VHI) is among the sector price gainers today, as its shares are trading at $53.19, up $1.98 (+3.9%) from a previous close of $51.21. Valhi Inc.is a holding Company, which through its subsidiaries operates in three segments: Chemicals, Component Products and Waste Management.

Stock Price Performance: During May 27, 2011 to August 23, 2011, the stock price had risen $6.67 (15%) from $44.54 to $51.21. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 8, 2011 when shares rose for 10-straight days, rising 20.9% (+$5.07) over that span. It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six-straight days, falling 35.7% (-$19.93) over that span.

Ashland Inc. (NYSE:ASH) is among the top price gainers in the sector today. Its shares are trading at $49.42, up $1.04 (+2.1%) from a previous close of $48.38. Ashland Inc. is a global specialty chemicals company that provides products, services and solutions that meet customer needs throughout a variety of industries.

Stock Price Performance: During July 26, 2011 to August 23, 2011, the stock price had dropped $15.60 (-24.4%) from $63.98 to $48.38. 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 days, rising 4.6% (+$2.65) over that span. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six-straight days, falling 14.8% (-$8.03) over that span.

Shares of Timken Co. (NYSE:TKR) are trading at $35.39, up 73 cents (+2.1%) from a previous close of $34.66. Timken Company develops, manufactures, markets and sells products for friction management and power transmission, alloy steels and steel components.

Stock Price Performance: During May 27, 2011 to August 23, 2011, the stock price had fallen $16.30 (-32%) from $50.96 to $34.66. The stock price saw one of its best stretches over the last year between November 30, 2010 and December 10, 2010 when shares rose for nine-straight days, rising 9.6% (+$4.15) over that span. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine-straight days, falling 14.4% (-$7) over that span.

Temple-Inland Inc. (NYSE:TIN) is among the sector price gainers today, as its shares are trading at $22.30, up 97 cents (+4.6%) from a previous close of $21.33. Temple-Inland, Inc. operations its business through two segments: corrugated packaging and building products. It manufactures containerboard (linerboard and corrugating medium) and convert it into a complete line of corrugated packaging.

Stock Price Performance: During July 25, 2011 to August 22, 2011, the stock price had dropped $5.86 (-19.1%) from $30.68 to $24.82. The stock price saw one of its best stretches over the last year between February 8, 2011 and February 17, 2011 when shares rose for eight-straight days, rising 8.5% (+$2.01) over that span. It saw one of its worst periods between March 8, 2011 and March 16, 2011 when shares fell for seven-straight days, falling 8.9% (-$2.06) over that span.

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