Target and Best Buy Lead Retail Stocks After Sales Data: TGT, ROST, BBY, SHLD, BIG

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

Shares of Target Corporation (NYSE:TGT) are trading at $51.90, up $2.14 (+4.3%) from the previous close of $49.76. Target operates general merchandise and food discount stores in the United States.

Stock Price Performance: From August 8, 2011, to October 4, 2011, the stock price had risen $3.32 (7.2%) from $46.15 to $49.47. 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 5.5% (+$2.74). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 5.4% (-$2.65).

Ross Stores, Inc. (NASDAQ:ROST) is among the sector price gainers, as its shares are trading at $81.68, up $3.44 (+4.4%) from the previous close of $78.24. Ross Stores operates two chains of off-price retail apparel and home accessories stores in the U.S. and Guam.

Stock Price Performance: From August 8, 2011, to October 4, 2011, the stock price had risen $7.60 (10.9%) from $69.54 to $77.14. The stock price saw one of its best stretches over the last year between October 19, 2010 and October 27, 2010 when shares rose for seven straight trading days, rising 3.7% (+$2.05). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 5% (-$4.06).

Best Buy Co. (NYSE:BBY) is among the top price gainers in the sector. Its shares are trading at $23.64, up 48 cents (+2.1%) from the previous close of $23.16. Best Buy is a retailer that sells appliances, consumer electronics, home office products, and software.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $8.11 (-26.3%) from $30.89 to $22.78. The stock price saw one of its best stretches over the last year between April 15, 2011 and April 26, 2011 when shares rose for seven straight trading days, rising 6.4% (+$1.83). It saw one of its worst periods between September 26, 2011 and October 3, 2011 when shares fell for six straight trading days, falling 11.7% (-$2.93).

Sears Holdings Corporation (NASDAQ:SHLD) is among the sector price gainers, as its shares are trading at $63.92, up $2.03 (+3.3%) from the previous close of $61.89. Sears Holdings is a retail conglomerate with full-line and specialty retail stores in the United States and Canada. It is the holding company of Kmart Holding Corporation and Sears, Roebuck and Co. Its three reportable segments are Kmart, Sears Domestic and Sears Canada.

Stock Price Performance: From September 6, 2011, to October 4, 2011, the stock price had risen $10.14 (18.8%) from $53.80 to $63.94. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 15, 2011 when shares rose for five straight trading days, rising 16.2% (+$8.67). It saw one of its worst periods between March 30, 2011 and April 8, 2011 when shares fell for eight straight trading days, falling 6.1% (-$5.07).

Big Lots Inc. (NYSE:BIG) is among the top price gainers in the sector. Its shares are trading at $34.66, up $1.04 (+3.1%) from the previous close of $33.62. Big Lots operates as a broadline closeout retailer through its subsidiaries in the United States. It sells a number of products, including food, home decor, and furniture.

Stock Price Performance: From August 8, 2011, to October 4, 2011, the stock price had risen $5.02 (17.3%) from $29.02 to $34.04. The stock price saw one of its best stretches over the last year between March 18, 2011 and March 25, 2011 when shares rose for six straight trading days, rising 6% (+$2.45). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 20.1% (-$7.32).

 

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