Waste Management and Safeway Lead Services Stocks Higher: WM, FTR, SWY, MFA, AAN

Through early trading on Monday, September 26, 2011, these stocks are helping the Services (NYSE:IYC) 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.

Waste Management, Inc. (NYSE:WM) is among the sector price gainers, as its shares are trading at $31.30, up 49 cents (+1.6%) from the previous close of $30.81. Waste Management, Inc. is a provider of integrated waste services in North America. It provides collection, transfer, recycling, disposal and waste-to-energy services.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $5.86 (-16%) from $36.67 to $30.81. 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 trading days, rising 3.3% (+$1.19). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 16.2% (-$5.85).

Frontier Communications Corporation (NYSE:FTR) is among the top price gainers in the sector. Its shares are trading at $6.39, up 11 cents (+1.8%) from the previous close of $6.28. Frontier Communications Corporation provides telecommunications services to rural areas and small and medium-sized towns and cities.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $1.52 (-19.5%) from $7.80 to $6.28. It saw one of its worst periods between August 31, 2011 and September 9, 2011 when shares fell for seven straight trading days, falling 6.4% (-47 cents). The stock price saw one of its best stretches over the last year between January 28, 2011 and February 8, 2011 when shares rose for eight straight trading days, rising 4% (+34 cents).

Safeway Inc. (NYSE:SWY) is among the sector price gainers, as its shares are trading at $16.86, up 80 cents (+5%) from the previous close of $16.06. Safeway Inc. is a retail supermarket chain in North America. As a food and drug retailer, the company, with its subsidiaries, operates stores that offer a range of grocery products, general merchandise and specialty departments like pharmacies and coffee shops. It also owns and operates distribution, manufacturing, and food processing facilities.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $6.96 (-30.2%) from $23.02 to $16.06. The stock price saw one of its best stretches over the last year between February 4, 2011 and February 17, 2011 when shares rose for 10 straight trading days, rising 6.8% (+$1.40). It saw one of its worst periods between July 19, 2011 and July 28, 2011 when shares fell for eight straight trading days, falling 16.6% (-$3.97).

MFA Financial, Inc. (NYSE:MFA) is among the top price gainers in the sector. Its shares are trading at $6.92, up 10 cents (+1.5%) from the previous close of $6.82. MFA Financial is engaged in the business of investing, on a leveraged basis, in residential Agency and Non-Agency MBS.

Stock Price Performance: From June 29, 2011, to September 23, 2011, the stock price had fallen $1.03 (-13.1%) from $7.85 to $6.82. It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven straight trading days, falling 4% (-31 cents). The stock price saw one of its best stretches over the last year between June 30, 2011 and July 8, 2011 when shares rose for six straight trading days, rising 3.7% (+29 cents).

Aaron’s Inc. (NYSE:AAN) is among the sector price gainers, as its shares are trading at $25.36, up 34 cents (+1.4%) from the previous close of $25.02. Aaron’s is engaged in the sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics and home appliances and accessories.

Stock Price Performance: From March 31, 2011, to June 27, 2011, the stock price had risen $1.97 (7.8%) from $25.35 to $27.32. The stock price saw one of its best stretches over the last year between March 30, 2011 and April 6, 2011 when shares rose for six straight trading days, rising 4.1% (+$1.02). It saw one of its worst periods between May 31, 2011 and June 6, 2011 when shares fell for five straight trading days, falling 3.8% (-$1.06).

 

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