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

Dec. 23 Weekly Gain My Watchlist
Winn-Dixie Stores (Nasdaq: WINN  ) $9.37 73% Add
Sunrise Senior Living (NYSE: SRZ  ) $6.06 29% Add
VirnetX Holding (AMEX: VHC  ) $27.35 29% Add
SandRidge Energy (NYSE: SD  ) $8.57 27% Add
USG (NYSE: USG  ) $10.31 21% Add

Source: Barron's.

Winn-Dixie hit the checkout line with a big fat smile. The Southeastern grocery store operator is being acquired by rival Bi-Lo in an all-cash deal. The $9.50-per-share buyout price is a healthy 75% premium to Winn-Dixie's close before the announcement was made public.

Sunrise Senior Living rose after a bullish SeekingAlpha.com article played up the retirement home operator's buyout prospects given its improving balance sheet. A story later in the week indicated that a hedge fund manager with a sizable stake in Sunrise was increasing its position.

VirnetX jumped after speculation began to build that Apple (Nasdaq: AAPL  ) was being denied a request to reexamine a patent held by the mobile security researcher. VirnetX went on to confirm that a patent reexamination request -- by Cisco (Nasdaq: CSCO  ) -- was denied by the patent office.

SandRidge Energy gained ground by losing ground. The company sold some of its acreage for a tidier sum than analysts were expecting.

Finally, there's USG. The gypsum materials specialist posted strong gains after a Commerce Report showed the strongest new housing starts data in two years. The news bodes well for USG's drywall business.

It was a great week for these five stocks. If you want to get an early read on some of tomorrow's major gainers, there's a special report on three hidden winners in a booming industry. The report is free -- like this article -- but it won't be around forever, so check it out now.

The Motley Fool owns shares of Cisco Systems and Apple. The Fool owns shares of and has created a bull call spread position on Cisco Systems. Motley Fool newsletter services have recommended buying shares of Apple and Cisco Systems. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. 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.


Read/Post Comments (0) | Recommend This Article (2)

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.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1748732, ~/Articles/ArticleHandler.aspx, 10/22/2014 10:27:40 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement