What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
|Aug. 10||Weekly Gain||My Watchlist|
|Millennial Media (NYSE: MM )||$13.24||46%||Add|
|Fusion-io (NYSE: FIO )||$27.45||41%||Add|
|Universal Display (Nasdaq: PANL )||$39.55||28%||Add|
|First Solar (Nasdaq: FSLR )||$21.43||26%||Add|
|Zipcar (Nasdaq: ZIP )||$8.08||20%||Add|
Millennial Media soared after posting a narrower loss than Wall Street was expecting. The mobile advertising provider is now serving up ads for developers in more than 35,000 different mobile applications.
Fusion-io came up big after the storage drive maker posted blowout quarterly results and issued inspiring guidance. Fusion-io sees revenue growth of 45%-50% in its new fiscal 2013, well ahead of where the pros were perched.
Universal Display put the "oh" in OLED after the patent-rich lighting pioneer served up robust quarterly results.
First Solar was also a bright star last week. Seeing a solar company post improving results is rare, but seeing one enjoy a boost in profit guidance is even more rare.
Zipcar shares surrendered 39% of their value two weeks ago after posting brutal quarterly results. The leading car-sharing service shifted out of reverse last week, starting to make back some of the ground that it had lost.
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.