Healthcare Stocks Investors are Buying This Afternoon

Through most of the trading day on Thursday, September 8, 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.

Bristol-Myers Squibb Company (NYSE:BMY) is among the top price gainers in the sector. Its shares are trading at $30.05, up 16 cents (+0.5%) from the previous close of $29.91. Bristol-Myers Squibb Company is a global company which develops, manufactures and sells pharmaceutical products.

Stock Price Performance: From August 8, 2011, to September 6, 2011, the stock price had risen $2.86 (10.8%) from $26.38 to $29.24. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 7, 2011 when shares rose for eight straight trading days, rising 4.4% (+$1.23). It saw one of its worst periods between January 3, 2011 and January 11, 2011 when shares fell for seven straight trading days, falling 2.5% (-63 cents).

Eli Lilly and Company (NYSE:LLY) is among the sector price gainers, as its shares are trading at $37.38, up 44 cents (+1.2%) from the previous close of $36.94. Eli Lilly & Co. develops and manufactures pharmaceutical products as well as animal health products.

Stock Price Performance: From August 9, 2011, to September 7, 2011, the stock price had risen $1.81 (5.2%) from $35.13 to $36.94. The stock price saw one of its best stretches over the last year between April 29, 2011 and May 16, 2011 when shares rose for 12 straight trading days, rising 7.1% (+$2.57). It saw one of its worst periods between November 9, 2010 and November 17, 2010 when shares fell for seven straight trading days, falling 2.5% (-85 cents).

AmerisourceBergen Corporation (NYSE:ABC) is among the top price gainers in the sector. Its shares are trading at $40.23, up 26 cents (+0.7%) from the previous close of $39.97. AmerisourceBergen Corporation is a pharmaceutical services company providing drug distribution and related healthcare services to pharmacy, physician, and manufacturer customers based in North America.

Stock Price Performance: From August 9, 2011, to September 7, 2011, the stock price had risen $3.45 (9.4%) from $36.52 to $39.97. The stock price saw one of its best stretches over the last year between December 13, 2010 and December 23, 2010 when shares rose for nine straight trading days, rising 9.5% (+$2.95). It saw one of its worst periods between July 22, 2011 and August 1, 2011 when shares fell for seven straight trading days, falling 6.9% (-$2.78).

Perrigo Company (NASDAQ:PRGO) is among the sector price gainers, as its shares are trading at $94.84, up $1.65 (+1.8%) from the previous close of $93.19. 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 13, 2011, to September 7, 2011, the stock price had risen $10.14 (12.2%) from $83.05 to $93.19. 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).

C. R. Bard, Inc. (NYSE:BCR) is among the top price gainers in the sector. Its shares are trading at $95.02, up 81 cents (+0.9%) from the previous close of $94.21. C.R. Bard, Inc. designs, manufactures and sells diagnostic, medical, surgical and patient care devices.

Stock Price Performance: From July 12, 2011, to September 7, 2011, the stock price had fallen $17.87 (-15.9%) from $112.08 to $94.21. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 25, 2011 when shares rose for eight straight trading days, rising 3.2% (+$2.99). It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 5.8% (-$5.38).

 

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