What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
Company |
Oct. 28 |
Weekly Gain |
My Watchlist |
---|---|---|---|
Cheniere Energy |
$11.93 | 98% | Add |
Quepasa |
$4.41 | 49% | Add |
Suntech Power |
$3.08 | 49% | Add |
Manitowoc |
$11.96 | 41% | Add |
Dangdang |
$7.56 | 40% | Add |
Source: Barron's.
Cheniere led the market last week, nearly doubling after a publicly traded subsidiary inked a liquefied natural gas deal that may be worth as much as $8 billion.
Quepasa shares soared 49% last week, but the small dot-com has still shed nearly half of its value over the past three months. There was no material news out of the company, but Quepasa is now a week closer to closing on its needle-moving acquisition of myYearbook.
Suntech Power climbed in what was a welcome week for solar energy stocks. LDK Solar
Manitowoc's comforting quarterly report helped move its stock higher. Manitowoc is reaffirming its full-year revenue guidance of 20% to 25% growth in its crane business and high single-digit top-line growth for its foodservice business.
Dangdang and E-House Holdings
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.