These Consumer Staple Stocks are Being Dumped Mid-Day: PEP, GLW, ADM, SPLS, AVP

Through most of the trading day on Monday, September 19, 2011, these stocks are bringing down 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.

PepsiCo Inc. (NYSE:PEP) is among the price losers in the sector. Its shares are trading at $60.10, which is $1.90 (-3.1%) below the previous close of $62.05. PepsiCo, Inc. is a global company that manufactures a variety of salty, convenient, sweet and grain-based snacks, carbonated and non-carbonated beverages and foods.

Stock Price Performance: From June 22, 2011, to September 16, 2011, the stock price had fallen $6.18 (-9.1%) from $68.23 to $62.05. The stock price saw one of its best stretches over the last year between August 10, 2011 and August 17, 2011 when shares rose for six straight trading days, rising 7.1% (+$4.26). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 3.6% (-$2.50).

Corning Inc. (NYSE:GLW) stocks are trading at $13.40. This is 54 cents (-3.9%) below the previous close of $13.94, making the company one of the biggest price losers in the sector today. Corning Inc. provides high-performance glass for LCD televisions, computer monitors, and other information display applications as well as optical fiber and cable products.

Stock Price Performance: From June 22, 2011, to September 16, 2011, the stock price had fallen $3.73 (-21.1%) from $17.67 to $13.94. 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).

Shares of Archer Daniels Midland Co. (NYSE:ADM) are trading at $27.51, down $1.12 (-3.9%) from the previous close of $28.62. Archer Daniels Midland Company is a processor of oilseeds, cocoa, corn, wheat and other feedstuffs. The company also manufactures vegetable oil and protein meal, corn sweeteners, flour, ethanol, biodiesel and other food and feed ingredients.

Stock Price Performance: From July 21, 2011, to September 16, 2011, the stock price had fallen $3.47 (-10.8%) from $32.09 to $28.62. The stock price saw one of its best stretches over the last year between January 4, 2011 and January 19, 2011 when shares rose for 11 straight trading days, rising 11.7% (+$3.49). It saw one of its worst periods between May 9, 2011 and May 24, 2011 when shares fell for 12 straight trading days, falling 8.8% (-$2.97).

Staples, Inc. (NASDAQ:SPLS) is one of the sector losers in price. Its shares are trading at $14.33, down 53 cents (-3.5%) from the previous close of $14.85. Staples, Inc. is an office products company with segments of: North American Delivery, North American Retail and International Operations.

Stock Price Performance: From August 18, 2011, to September 16, 2011, the stock price had risen $1.28 (9.4%) from $13.57 to $14.85. 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% (-$1.84).

Avon Products, Inc. (NYSE:AVP) is among the price losers in the sector as its stock price is $21.38, down 71 cents (-3.2%) from the previous close of $22.10. Avon Products Inc. is a global manufacturer and marketer of beauty, fashion and home products.

Stock Price Performance: From July 21, 2011, to September 16, 2011, the stock price had fallen $6.48 (-22.7%) from $28.58 to $22.10. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011 when shares rose for six straight trading days, rising 4.7% (+$1). It saw one of its worst periods between July 26, 2011 and August 4, 2011 when shares fell for eight straight trading days, falling 19% (-$5.30).

 

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