These Discount Retailing Stocks are Helping Retail Sector Prices Rise: DG, DLTR, BBY, SHLD, DDS

Through early trading, these stocks are helping the Retail (NYSE:XRT) 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.

Shares of Dollar General Corporation (NYSE:DG) are trading at $39.21, up 76 cents (+2%) from the previous close of $38.45. Dollar General is a discount retailer in the United States and operates convenient-sized stores that deliver everyday low prices on products that families use every day.

Stock Price Performance: From August 12, 2011, to October 10, 2011, the stock price had risen $6.79 (21.4%) from $31.66 to $38.45. The stock price saw one of its best stretches over the last year between November 15, 2010 and November 23, 2010 when shares rose for seven straight trading days, rising 15.2% (+$4.40). It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six straight trading days, falling 6.1% (-$1.98).

Dollar Tree, Inc. (NASDAQ:DLTR) is among the sector price gainers, as its shares are trading at $80.52, up $1.22 (+1.5%) from the previous close of $79.30. Dollar Tree operates discount variety stores in the United States. Its stores offer merchandise at the fixed price of $1.00. The company operates stores under the names of Dollar Tree, Deal$, and Dollar Bills.

Stock Price Performance: From August 11, 2011, to October 7, 2011, the stock price had risen $12.26 (18.7%) from $65.42 to $77.68. 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 8.5% (+$5.98). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 3.8% (-$2.66).

Best Buy Co. (NYSE:BBY) is among the top price gainers in the sector. Its shares are trading at $25.16, up 13 cents (+0.3%) from the previous close of $25.09. Best Buy is a retailer that sells appliances, consumer electronics, home office products, and software.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $4.50 (-15.4%) from $29.27 to $24.77. 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 $65.59, up 68 cents (+1.1%) from the previous close of $64.90. 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 July 14, 2011, to October 7, 2011, the stock price had fallen $12.02 (-16.2%) from $74.14 to $62.12. 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).

Dillards Inc. (NYSE:DDS) is among the top price gainers in the sector. Its shares are trading at $46.64, up 62 cents (+1.3%) from the previous close of $46.02. Dillard’s operates as an apparel and home furnishing retailer.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $14.99 (-25.3%) from $59.20 to $44.21. 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 9.6% (+$4.28). It saw one of its worst periods between May 26, 2011 and June 8, 2011 when shares fell for nine straight trading days, falling 10.2% (-$5.72).

 

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