Walmart and Bed Bath Top Retail Stocks in the Rally: WMT, BBBY, BJ

At the close of trading, these stocks helped 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.

Wal-Mart Stores, Inc. (NYSE:WMT) was among the sector price gainers, as it closed at $52.03, up 20 cents (+0.4%) from the previous close of $51.83. Wal-Mart Stores, Inc. operates Walmart discount stores, supercenters, Neighborhood Markets and Sam’s Club locations in the United States.

Stock Price Performance: From August 25, 2011, to September 23, 2011, the stock price had dropped $1.90 (-3.6%) from $52.70 to $50.80. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 3, 2011 when shares rose for seven straight trading days, rising 3.9% (+$2.06). It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10 straight trading days, falling 8.1% (-$4.39).

Shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) closed at $59.43, up 39 cents (+0.7%) from the previous close of $59.04. Bed Bath & Beyond is a chain of retail stores that sells products for the home. .

Stock Price Performance: From August 25, 2011, to September 23, 2011, the stock price had risen $4.03 (7.6%) from $53.19 to $57.22. The stock price saw one of its best stretches over the last year between December 6, 2010 and December 14, 2010 when shares rose for seven straight trading days, rising 6.6% (+$3.01). It saw one of its worst periods between March 3, 2011 and March 10, 2011 when shares fell for six straight trading days, falling 6.6% (-$3.25).

BJ’s Wholesale Club, Inc. (NYSE:BJ) was one of the top price gainers. It closed at $51.18, which is 3 cents (+0.1%) above the previous close of $51.15. BJ’s Wholesale Club is a warehouse club operator in the Eastern United States.

Stock Price Performance: From August 25, 2011, to September 23, 2011, the stock price had risen 88 cents (1.8%) from $50.25 to $51.13. The stock price saw one of its best stretches over the last year between October 7, 2010 and October 15, 2010 when shares rose for seven straight trading days, rising 7.1% (+$2.91). It saw one of its worst periods between March 2, 2011 and March 10, 2011 when shares fell for seven straight trading days, falling 2.5% (-$1.22).

 

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