What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
|
Company |
June 1 |
Weekly Gain |
My Watchlist |
|---|---|---|---|
|
Talbots |
$2.40 | 59% | Add |
|
LeCroy |
$14.16 | 55% | Add |
|
Endeavour |
$9.54 | 48% | Add |
|
Vringo |
$4.10 | 21% | Add |
|
The Fresh Market |
$56.04 | 18% | Add |
Source: Barron's.
Talbots was last week's biggest winner. The apparel retailer took a hit a week earlier after an exclusivity deal with a potential buyer fell apart. Well, the same suitor came around with a buyout offer last week to make it official.
Analytical instrumentation specialist LeCroy was a big winner after agreeing to be acquired by defense equipment manufacturer Teledyne Technologies in a $240.5 million cash deal.
Endeavour International moved sharply higher after completing the purchase of North Sea assets from ConocoPhillips.
Vringo has been one of this year's most volatile companies since acquiring some timely patents and winning the attention of Mark Cuban. The visual-ringtone specialist moved nicely higher last week after making a presentation at the 40th Annual Cowen and Company Technology Conference.
The Fresh Market made investors some serious lettuce after the high-end grocer posted market-thumping results and issued rosy guidance for the entire fiscal year.
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.
