What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
Company |
July 29 |
Weekly Gain |
My Watchlist |
---|---|---|---|
Allied Healthcare International |
$3.82 |
54% |
|
Stamps.com |
$16.75 |
26% |
|
Rubicon Minerals |
$4.20 |
25% |
|
ZOLL Medical |
$69.66 |
20% |
|
TAL Education |
$12.75 |
20% |
Source: Barron's.
Allied Healthcare didn't have to call in sick after the United Kingdom-based homecare provider of health and social care announced that it would be acquired by Saga Group. The all-cash buyout price of $3.90 represents a 59% premium to where Allied's shares closed before the acquisition was announced.
Stamps.com shares weren't marked "return to sender" after the online postage and shipping software company posted blowout quarterly results. Revenue soared 26% to $26.6 million, and its adjusted quarterly profit of $0.45 a share was nearly double the $0.23 a share that analysts were targeting.
Agnico-Eagle Mines
ZOLL Medical was the picture of health when it reported strong quarterly results. The defibrillator maker also posted encouraging near-term guidance. It may have been a crushing week for the general market, but ZOLL investors were treated to a fresh all-time high on Friday.
TAL Education moved to the head of the class after the Chinese provider of tutoring services came through with a great quarter. Rival Xueda Education
It was a great week for these five stocks. Now let's see if they're up for an encore.
Which of these five stocks do you think will continue to move higher? Share your thoughts in the comment box below.