Titanium Metals and 4 Basic Materials Stocks Investors are Buying Mid-Day: DD, PPG, SHW, EMN, TIE

Through early trading, 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.

E. I. du Pont de Nemours and Company (DuPont) (NYSE:DD) is one of the top price gainers. Its stock price is $40.73, which is 34 cents (+0.7%) above the previous close of $40.46. E.I. du Pont de Nemours & Company offers products and services for markets including agriculture and food, building and construction, electronics and communications, general industrial, and transportation.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $12.37 (-23.4%) from $52.83 to $40.46. The stock price saw one of its best stretches over the last year between January 27, 2011 and February 11, 2011 when shares rose for 12 straight trading days, rising 9.4% (+$4.61). It saw one of its worst periods between September 16, 2011 and September 23, 2011 when shares fell for six straight trading days, falling 14.1% (-$6.66).

Shares of PPG Industries, Inc. (NYSE:PPG) are trading at $69.24, up 69 cents (+0.6%) from the previous close of $68.82. PPG Industries makes coatings, glass, and chemical products. .

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $19.67 (-22.2%) from $88.49 to $68.82. 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 trading days, rising 3.4% (+$2.70). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 9.2% (-$8.20).

Sherwin Williams Co. (NYSE:SHW) is one of the top price gainers. Its stock price is $73.58, which is $2.19 (+3.1%) above the previous close of $71.38. Sherwin-Williams is a manufacturer and distributor of paint, coatings and related products. While its professional, industrial, commercial and retail customers are mainly in North and South America, the company also has operations in Europe, Asia and the Caribbean.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $10.88 (-13.2%) from $82.26 to $71.38. The stock price saw one of its best stretches over the last year between December 7, 2010 and December 22, 2010 when shares rose for 12 straight trading days, rising 10.1% (+$7.65). It saw one of its worst periods between September 14, 2011 and September 22, 2011 when shares fell for seven straight trading days, falling 8.3% (-$6.32).

Shares of Eastman Chemical Co. (NYSE:EMN) are trading at $67.75, up 80 cents (+1.2%) from the previous close of $66.95. Eastman Chemical Co. is a global company which manufactures and sells chemicals, plastics, and fibers products to customers in seven countries.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $33.41 (-33.3%) from $100.36 to $66.95. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 9.6% (+$9.27). It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 7.5% (-$7.83).

Titanium Metals Corporation (NYSE:TIE) is one of the top price gainers. Its stock price is $14.56, which is 11 cents (+0.3%) above the previous close of $14.52. Titanium Metals Corporation is a producer of titanium melted and mill products, titanium sponge, and industrial fabrications.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $3.39 (-18.9%) from $17.91 to $14.52. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 13% (+$2.29). It saw one of its worst periods between July 22, 2011 and August 8, 2011 when shares fell for 12 straight trading days, falling 29.4% (-$5.56).

 

More from The Cheat Sheet