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5 of Last Week's Biggest Winners

What's better than momentum? Mo' momentum.

Let's take a closer look at five of this past week's biggest scorchers.

Company

Sept. 2

Weekly Gain

My Watchlist

Miller Energy Resources (NYSE: MILL  )

$3.32

46%

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CoreLogic (NYSE: CLGX  )

$11.42

36%

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Liquidity Services (Nasdaq: LQDT  )

$30.05

33%

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Central European Distribution (Nasdaq: CEDC  )

$7.10

30%

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Swisher Hygiene (Nasdaq: SWSH  )

$4.96

26%

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Source: Barron's.

Miller Energy Resources was the market's biggest winner, and all it had to do was finally file its latest financial results. Miller has been deluged with class action lawsuits since revealing last month that its accounting may be suspect. The filing itself doesn't answer the meaty questions. The legal tussle has just begun. However, at least Miller is moving on.

Real estate analytics specialist CoreLogic popped like a Vegas condo circa 2007 after announcing that it would entertain buyout offers. Yes, this is the same CoreLogic that cheered housing bulls last week when its index showed that home prices have risen for a fourth consecutive month.  

Liquidity Services got a boost after agreeing to acquire Jacob Trading's consumer goods remarketing business. Oppenheimer upgraded the stock on the news, and that's a pretty big deal since Oppenheimer had downgraded Liquidity Services a month earlier.

Central European Distribution was the toast of the town after a private investor acquired a 9.6% stake in the Polish vodka. This isn't necessarily a prelude to a buyout, but private investors don't drink up this way for a passive investment.

Swisher went on a shopping spree, snapping up a Chicago franchisee, a Texan chemical company, and a Tennessee -based provider of linen and dust control. Swisher -- a specialist in cleaning and sanitation products and services to businesses and residential environments -- has been making the most of its highly fragmented sector by acquiring incremental businesses.

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.

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Motley Fool newsletter services have recommended buying shares of Central European Distribution, CoreLogic, and Liquidity Services. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On September 06, 2011, at 1:48 PM, BDF958 wrote:

    OK, there is something about CEDC that I do not understand. The volatility is too much. Understand one large buyer came in last week, which explains the increase, but these plus 20, minus 10 days mean this one is being gamed too much and best to stay away from this one, short term. The volatility is a traders friend, and they are capable of playing so many games that one with a day job cannot possible win. Initially I thought, Vodka in Eastern Europe, good economy, bad economy, what can go wrong?!

    Well, leave it to our wonderful traders. Used to believe in the free market. Lately , thinking Marx might have right.

  • Report this Comment On September 07, 2011, at 2:40 AM, lovesstocks2 wrote:

    Actually, with Miller, the filing answers all the meaty questions. KPMG signed off on the accounting and the valuations are backed up by independent appraisals with tons of experience. The Lawyers can pile on, but as of right now, everything is covered by insurance, and the financials did not change by that much. Income changed by a whole two cents a share. No insiders sold a share and the lenders are still on board, although the loan is a little tighter. There is a new rig on the way and a second rig about to start drilling. Financially they should have a decent year and the asset valuation was confirmed independently. Meanwhile, the article writer is being investigated by the SEC and so are the shorts.

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Related Tickers

5/25/2012 4:03 PM
MILL $4.02 Down -0.11 -2.66%
Miller Energy Reso… CAPS Rating: *
SWSH $1.93 Down -0.17 -8.10%
Swisher Hygiene, I… CAPS Rating: *
LQDT $62.82 Up +0.27 +0.43%
Liquidity Services CAPS Rating: ***
CEDC $4.04 Up +0.02 +0.50%
Central European D… CAPS Rating: ***
CLGX $17.50 Up +0.26 +1.51%
CoreLogic, Inc. CAPS Rating: **

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