Traders are Buying These Basic Materials Stocks This Afternoon

Through early afternoon trading on Thursday, August 11, 2011, these stocks are helping the Basic Materials (NYSE:IYM) 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.

Valhi, Inc. (NYSE:VHI) is among the top price gainers in the sector today. Its shares are trading at $49.23, up $5.78 (+13.3%) from a previous close of $43.45. Valhi Inc.is a holding Company, which through its subsidiaries operates in three segments: Chemicals, Component Products and Waste Management.

Stock Price Performance: During July 12, 2011 to August 9, 2011, the stock price had dropped $14.79 (-26.2%) from $56.50 to $41.71. 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.

CF Industries Holdings, Inc. (NYSE:CF) is one of the top price gainers today. Its stock price is $164.22, which is $14.93 (+10.1%) above the previous close of $149.19. CF Industries Holdings Inc is a manufacturer and distributor of nitrogen and phosphate fertilizer products, including ammonia, urea, urea ammonium nitrate solution, diammonium phosphate and monoammonium phosphate.

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had risen $16.45 (12.3%) from $133.58 to $150.03. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 5, 2011 when shares rose for seven-straight days, rising 12.3% (+$15.75) over that span. It saw one of its worst periods between April 5, 2011 and April 12, 2011 when shares fell for six-straight days, falling 6.8% (-$9.76) over that span.

Huntsman Corporation (NYSE:HUN) is among the sector price gainers today, as its shares are trading at $13.55, up $1.11 (+8.9%) from a previous close of $12.44. Huntsman Corporation is a manufacturer of differentiated organic chemical products and of inorganic chemical products. The Company operates all of its businesses through its 100% owned subsidiary, Huntsman International LLC (Huntsman International).

Stock Price Performance: During July 13, 2011 to August 10, 2011, the stock price had dropped $6.85 (-35.5%) from $19.29 to $12.44. It saw one of its worst periods between May 10, 2011 and May 17, 2011 when shares fell for six-straight days, falling 9.8% (-$2.04) over that span. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 15.3% (+$2.68) over that span.

Shares of The Mosaic Company (NYSE:MOS) are trading at $64.65, up $5.17 (+8.7%) from a previous close of $59.48. The Mosaic Co. is a producer and marketer of concentrated phosphate and potash crop nutrients for the global agriculture industry.

Stock Price Performance: During August 3, 2011 to August 9, 2011, the stock price had dropped $9.07 (-13%) from $70 to $60.93. The stock price saw one of its best stretches over the last year between May 20, 2011 and May 31, 2011 when shares rose for seven-straight days, rising 8.3% (+$5.43) over that span. It saw one of its worst periods between April 5, 2011 and April 12, 2011 when shares fell for six-straight days, falling 7.1% (-$5.88) over that span.

NewMarket Corporation (NYSE:NEU) is among the top price gainers in the sector today. Its shares are trading at $153.01, up $10.45 (+7%) from a previous close of $142.94. NewMarket Corporation is a parent company of Afton Chemical Corporation, Ethyl Corporation, NewMarket Services Corporation and NewMarket Development Corporation. The Company operates two segments, petroleum additives and real estate development.

Stock Price Performance: During July 13, 2011 to August 10, 2011, the stock price had dropped $30.21 (-17.4%) from $173.15 to $142.94. The stock price saw one of its best stretches over the last year between June 15, 2011 and June 23, 2011 when shares rose for seven-straight days, rising 7% (+$10.88) over that span. It saw one of its worst periods between April 4, 2011 and April 14, 2011 when shares fell for nine-straight days, falling 7.4% (-$12) over that span.