Universal Health Services, Johnson & Johnson, and These 3 Stocks are Atop the Healthcare Sector Mid-Day

Through early trading, 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.

Johnson & Johnson (NYSE:JNJ) is among the top price gainers in the sector despite a trial in Arkansas over claims J&J hid the risks of its anti-psychotic drug Risperdal when selling it to residents covered by the state’s Medicaid program. Its shares are trading at $64.08, up 36 cents (+0.6%) from the previous close of $63.73. Johnson & Johnson is a holding company involved in the research and development, manufacture and sale of a range of health care products.

Stock Price Performance: From July 18, 2011, to September 13, 2011, the stock price had fallen $2.89 (-4.3%) from $66.50 to $63.61. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 5, 2011 when shares rose for seven straight trading days, rising 3.9% (+$2.53). It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10 straight trading days, falling 7.3% (-$4.84).

Bristol-Myers Squibb Company (NYSE:BMY) is among the sector price gainers, as its shares are trading at $29.74, up 12 cents (+0.4%) from the previous close of $29.63. Bristol-Myers Squibb Company is a global company which develops, manufactures and sells pharmaceutical products.

Stock Price Performance: From June 17, 2011, to September 13, 2011, the stock price had risen $2.35 (8.6%) from $27.20 to $29.55. 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).

Luxottica Group S.p.A. (NYSE:LUX) is among the top price gainers in the sector. Its shares are trading at $27.65, up 57 cents (+2.1%) from the previous close of $27.08. Luxottica Group S.p.A designs, manufactures and distributes fashion, luxury and sport/performance eyewear. It operates in two industry segments: manufacturing and wholesale distribution; and retail distribution.

Stock Price Performance: From July 19, 2011, to September 14, 2011, the stock price had fallen $4.75 (-14.9%) from $31.83 to $27.08. The stock price saw one of its best stretches over the last year between March 25, 2011 and April 6, 2011 when shares rose for nine straight trading days, rising 4.7% (+$1.46). It saw one of its worst periods between March 9, 2011 and March 16, 2011 when shares fell for six straight trading days, falling 9.5% (-$3.02).

The Cooper Companies Inc. (NYSE:COO) is among the sector price gainers, as its shares are trading at $77.89, up 87 cents (+1.1%) from the previous close of $77.02. 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 August 16, 2011, to September 14, 2011, the stock price had risen $5.81 (8.2%) from $71.21 to $77.02. 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).

Universal Health Services Inc. (NYSE:UHS) is among the top price gainers in the sector. Its shares are trading at $37.40, up 39 cents (+1.1%) from the previous close of $37.01. 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 17, 2011, to September 13, 2011, the stock price had fallen $14.73 (-28.4%) from $51.87 to $37.14. 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% (+$8.64). 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% (-$15.70).

 

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