Healthcare Stocks Climbing Upward Now

Through most of the trading day on Tuesday, August 30, 2011, these stocks are helping the Healthcare (NYSE:XLV) 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 McKesson Corporation (NYSE:MCK) are trading at $77.99, up 17 cents (+0%) from the previous close of $77.98. McKesson Corporation delivers cost-reducing medicines, pharmaceutical supplies, information and care management products and services.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $5.95 (-7.1%) from $84.08 to $78.13. It saw one of its worst periods between August 11, 2011 and August 22, 2011 when shares fell for eight straight trading days, falling 7.3% (-$5.75). The stock price saw one of its best stretches over the last year between April 18, 2011 and April 27, 2011 when shares rose for seven straight trading days, rising 5.4% (+$4.30).

Perrigo Company (NASDAQ:PRGO) is one of the top price gainers. Its stock price is $96.75, which is $3.14 (+3.4%) above the previous close of $93.61. Perrigo Company is a global healthcare supplier which develops, manufactures and distributes over-the-counter and generic prescription pharmaceuticals, nutritional products, active pharmaceutical ingredients & pharmaceutical & medical diagnostic products.

Stock Price Performance: From June 3, 2011, to August 29, 2011, the stock price had risen $9.38 (11.1%) from $84.23 to $93.61. The stock price saw one of its best stretches over the last year between April 4, 2011 and April 15, 2011 when shares rose for 10 straight trading days, rising 10.9% (+$8.70). It saw one of its worst periods between April 27, 2011 and May 5, 2011 when shares fell for seven straight trading days, falling 6.3% (-$5.74).

Universal Health Services Inc. (NYSE:UHS) is among the top price gainers in the sector. Its shares are trading at $40.63, up 97 cents (+2.5%) from the previous close of $39.66. Universal Health Services, Inc. through its subsidiaries is engaged in the business of owning and operating, acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $17.29 (-31.3%) from $55.19 to $37.90. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 28, 2011 when shares rose for eight straight trading days, rising 18.8% (+$8.65). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 29.9% (-$15.72).

Shares of The Cooper Companies Inc. (NYSE:COO) are trading at $74.71, up 35 cents (+0.5%) from the previous close of $74.36. Cooper Companies, Inc. develops, manufactures and markets healthcare products, primarily medical devices through its two business units, CooperVision, Inc. and CooperSurgical, Inc.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $5.90 (-7.4%) from $80.26 to $74.36. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 14, 2011 when shares rose for 12 straight trading days, rising 8.9% (+$5.07). It saw one of its worst periods between July 19, 2011 and July 28, 2011 when shares fell for eight straight trading days, falling 5.6% (-$4.57).

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