Hot Stocks You're Buying Now

Welcome back to another Foolish review of the hottest stocks as ranked by Motley Fool CAPS. We're looking at the three best-performing industries over the past 30 days and your favorite long and short candidates in each.

Can anyone dethrone the microprocessor makers? Not so far. For the third straight week, the chip kings rule the realm. This time, they're up an average of 42.1% since mid-October.

Our second-place finisher will be familiar to regular readers. That's right, Fool, the Linux lions are back. Those seeking to profit from the free operating system, such as Red Hat (NYSE: RHT), are, as a group, up 29.17% over the past 30 days.

Third place, meanwhile, brings a new category: suppliers of home furnishings. Stylish retailers such as Stock Advisor pick Bed Bath & Beyond (Nasdaq: BBBY) have delivered a 17.6% average return over the past month.

According to you, our Foolish readers, the best stock -- i.e., with four or five of the maximum five stars in CAPS -- in this industry to own now is:

And your favorite short candidates -- i.e., those rated with one or two stars in CAPS -- are:

Do you agree? Disagree? Let us know what you think by signing up for CAPS today. It's 100% free to participate.

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