What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
|
Company | March 16 | Weekly Gain | My Watchlist |
|---|---|---|---|
| Tudou | $37.71 | 145% | Add |
| Frontline (NYSE: FRO) | $7.65 | 45% | Add |
| Guidewire (NYSE: GWRE) | $32.31 | 44% | Add |
| Amarin (Nasdaq: AMRN) | $10.52 | 43% | Add |
| Perfect World (Nasdaq: PWRD) | $16.01 | 35% | Add |
Source: Barron's.
Tudou was last week's biggest winner, more than doubling as China's leading video-streaming website Youku (NYSE: YOKU) announced it would be acquiring its rival at a 159% premium in an all-stock deal.
Frontline coasted higher after the oil tanker's CEO made some positive comments about the industry's demand.
Guidewire posted better-than-expected quarterly results. The provider of software solutions for property and casualty insurers went public back in January, making this Guidewire's first financial glimpse as a public company.
Investors continue to feel upbeat about Amarin's potentially promising triglyceride-battling drug. AMR101 is currently under FDA review.
Perfect World popped after the online gaming company posted blowout quarterly results and issued a one-time dividend of $2 a share.
More winners for you
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.
